June home prices rise 0.7% from May but fall 6.8% from June 2010
Buying a HomeU.S. home prices rose 0.7% in June from May, according to a home price index released Wednesday, although some of that increase is probably the result of seasonal variations. The home price index, which includes so-called distressed properties, fell by 6.8% in June when compared with the same month last year, according to Santa Ana research firm CoreLogic. Excluding foreclosures and other distressed properties, prices were up 1.5% in June over May. They fell 1.1% when compared with June 2010. Distressed sales include foreclosure properties as well as short sales, […]