House Prices Continue to Increase

New York, NY, Sept. 24, 2013 -- U.S. home prices rose 12.4 percent in July compared with a year ago, according to the Standard &Poor's/Case-Shiller 20-city home price index.

That was the most since February 2006. All 20 cities posted gains in July from the previous month and compared with a year ago.

However, the month-over-month price gains decreased in 15 cities in July compared with the previous month.