U.S. metro home prices rose 0.9% in July

Home prices in metropolitan areas rose 0.9% from June to July, according to the Standard and Poor's/Case-Shiller composite index. It was the fourth straight monthly increase, but some say it might not to be enough to indicate a rebound in the weak housing market. "Continued increases in home prices through the end of the year and better annual results must materialize before we can confirm a housing market recovery," said David Blitzer, chairman of the &P index committee.

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