(MENAFN) US home prices rose slightly from the previous month in August, due to positive economic growth, rising prices and wider home affordability.
The US National Home Price Index was up 5.3% on annual basis in August from 5.0% in July.
However, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices said: "All 20 cities saw prices higher than a year earlier with 10 enjoying larger annual gains than last month."
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