CoreLogic, Santa Ana, Calif., reports that — albeit modestly at 1.4% compared to 2009 — in June, year-over-year U.S. home prices (including distressed sale prices) increased for the fifth consecutive month.

Nonetheless, the CoreLogic Home Price Index shows that compared to May 2010 when home prices increased by 3.7% year-over-year, "The June 2.3 percentage point deceleration from May is very large by historical standards."

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