(ThinkAdvisor) – Home prices rose across the U.S. over the 12 months to June, according to data released Tuesday.
The S&P/Case-Shiller U.S. National Home Price Index, which cover all nine U.S. Census divisions, recorded a year-over-year 4.5% annual increase in June, compared with a 4.4% increase in May.
The 10-City Composite increased by 4.6% year-over-year, while the 20-City Composite rose by 5% year-over-year.
Eleven cities reported bigger price rises in the year ending in June than in May, led by Denver’s 10.2%, San Francisco’s 9.5% and Dallas’ 8.2%.