​US Home Prices Surged To New Record High In June – Tyler Durden

US Home Prices Surged To New Record High In June Home prices in America’s 20 largest cities rose for the 16th straight month in June (according to the latest data from S&P CoreLogic – Case Shiller – data today), up 0.42% MoM (hotter than expected and accelerating from May). On a YoY basis, prices rose 6.47%, but notably that is the third straight monthly slowdown in the pace of price appreciation… Source: Bloomberg Overall, US home prices reached a new record high in June (as median new home prices continued to tread water)… Source: Bloomberg Home prices continue to track…  — Continue at ZeroHedge News : Read More