Industry NewsMarkets & Economy

Home prices stall in July

CoreLogic: 5-month streak of home-price gains derailed
Published on Sep 15, 2010

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by CareyBot

U.S. home prices broke a five-month streak of year-over-year gains in July, with home prices falling in 36 states -- the highest number since November, loan and property data aggregator CoreLogic said today.

CoreLogic's home-price index showed national home prices unchanged in July from a year ago, compared with an upwardly revised 2.4 percent year-over-year gain in June. That left home prices down 27.7 percent from their April 2006 peak.