U.S. home prices climbed higher in June with gains that are eclipsing income growth — creating affordability pressures for would-be buyers.
The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index rose 5.7 percent in June, according to a Tuesday report. The separate national average rose as well, putting it 4.3 points above its housing bubble-era peak in July 2006. Continue reading “US home prices surge in June, led by Seattle”




