Home prices rising, but slowly

Posted by Bonnie Martin Designated Broker on Thursday, August 28th, 2014 at 8:13pm.

ratesup_igarts_450money.cnn.com - National home prices rose 6.2% this spring, compared to the same three months last year, according to the S&P/Case-Shiller national home price index.

Prices in the index's 10 and 20 city measures rose at a slower year-over-year pace in June alone, with every city reporting lower gains -- the first time that's happened in more than six years. Both city indexes rose 8.1% on an annual basis.

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