- The S&P CoreLogic Case-Shiller National Home Price Index gained 1% compared to a year ago in July.
- Compared to the prior month, the indexed moved 0.6% higher on a seasonally adjusted basis.
- "The increase in prices that began in January has now erased the earlier decline."
The housing market just keeps getting more expensive for Americans.
S&P CoreLogic Case-Shiller Indices data out Tuesday showed US home prices increased 1% in July compared to a year ago.
The index, which covers all nine US census divisions and measures repeat-sales data, increased 0.6% in July on a seasonally adjusted basis.