U.S. housing prices climb 0.8% in July, FHFA says

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U.S. housing prices climb 0.8% in July, FHFA says (by Jeffry Bartash)

WASHINGTON (MarketWatch) - U.S. home prices rose a seasonally adjusted 0.8% in July, but they are still down 3.3% in the past year, according to a Federal Housing Finance Agency index released Thursday. The price increase in June was revised down to 0.7% from 0.9%, the agency said. Prices rose in eight of nine regions, led by a 3.6% gain in the Midwestern area stretching from Kansas to North Dakota. Prices fell 0.4% in the Southeast.

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