Another record: 19.7% gain in U.S. home prices
Another record: 19.7% gain in U.S. home prices
U.S. home prices surged 19.7% in July, by one widely watched index’s math — once again posting the biggest jump in more than 30 years.
The record gain in the S&P CoreLogic Case-Shiller index of property values nationwide followed an 18.7% jump in June and was the 14th straight month of accelerating price increases.
The Case-Shiller index for the metropolitan area of Los Angeles and Orange…