House values continue to rise, with some home price indices solidly in record territory. But escalating values reflect a persistent inventory shortage.
As of June, the Case-Shiller U.S. National Home Price NSA Index landed at 192.60. That was the seventh month in a row the index reached a new high.
The Case-Shiller U.S. 20-City Composite Home Price Index came in at 200.54. The index increased 0.7 percent from May and jumped 5.7 percent from June 2016.
Source: Mortgage Daily
