U.S. house prices rose 0.4 percent in May, according to figures from the Federal Housing Finance Agency released Thursday. May marked the second straight increase for the index. Prices for April were revised down to a 0.2-percent increase from an original reading of a 0.8-percent gain. In the past 12 months, prices have fallen 6.3 percent, and they are down 19.6 percent from an April 2007 peak. FHFA data is based on sales information compiled by mortgage firms Fannie Mae and Freddie Mac.
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