CoreLogic reported another strong month-over-month U.S. home price appreciation (HPA) of 16.3%, which is the non-seasonally adjusted annualized rate for July 2012. This decreased from June's 25.7% rate.

Bank of America Merrill Lynch analysts, however, said that June was revised up from an initial 16.7% reading and still showed the continued surprising strength in 2012's HPA.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.