U.S. home prices were up 1.8 percent in May compared to the month before, marking the third straight month of increases, according to CoreLogic’s latest price index. At the same time, home prices were 2 percent higher than a year ago. HousingWire has the details.
In other news:
Thinking of buying a home? Find four reasons why the current market is on your side in this Forbes column.
David Stevens to stay as chief executive of the Mortgage Bankers Association. (Wall Street Journal)