U.S. home-price gains set another record, fueled by bidding wars

U.S. home-price gains set another record, fueled by bidding wars

By Christine Maurus | Bloomberg
U.S. home prices once again jumped the most in more than 30 years.
The S&P CoreLogic Case-Shiller index of property values nationwide surged 18.6% in June from a year earlier, according to a statement on Tuesday. That followed a 16.8% gain in May and was the 13th straight month that price gains accelerated.
June’s increase was the largest in data going back to 1988…

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