Home prices post strongest growth in 6 years

CoreLogic pending index predicts trend will continue into September

National home prices were up 4.6 percent from a year ago in August, the biggest annual increase since July 2006, according to data aggregator CoreLogic’s home price index.

The repeat sales index showed home prices also rose 0.3 percent in August from July, marking the sixth consecutive month of both month-over-month and year-over-year increases.