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US Home Prices Hit New Records During Summer’s Dog Days
US home values rose more than expected during the dog days of summer, according to updates on both key national price gauges released Tuesday.
The Case-Shiller 20-City index rose more than 1% from July to August, a meaningful jump.
Just as notable: The gauge posted a 2.2% YoY increase.
Recall that the gauge returned to YoY growth in July, when the index posted a minuscule 12-month gain, the first since February. August's YoY increase represented a marked acceleration.
The national gauge po
