Home Prices Grow 3.2% Year-Over-Year in August

Home prices in August had an annual gain of 3.2%, according to S&P CoreLogic Case-Shiller Indices.

The price gains increased slightly compared with July, which had a year-over-year home price growth of 3.1%.

The 10-City Composite grew 1.5% year-over-year, and the 20-City Composite increased 2.0%.

Phoenix; Charlotte, N.C; and Tampa, Fla., had the highest year-over-year gains among the 20 cities, growing 6.3%, 4.5% and 4.3%.

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