House prices in the United States have risen steadily, or the rate of increase may decrease

U.S. house prices have risen steadily, or the rate of increase may have decreased. On Tuesday, according to the latest report from the S&P/Case-Shiller House Price Index, 20 U.S. housing prices rose steadily in June...

U.S. house prices have risen steadily, or the rate of increase may have decreased. On Tuesday, according to the latest report from the S&P/Case-Shiller House Price Index, house prices in 20 major U.S. cities rose 12.1% in June compared with the same period last year, a slight slowdown from the 12.2% increase in May. David Blitzer, chairman of the Standard & Poor's Index Committee, pointed out that as loan interest rates have risen to 4.6%, buyers' enthusiasm for home purchases may gradually subside and housing price increases will gradually cool down. Since last year, U.S. housing prices have continued to rise. The increase in house prices in June this year was the first time in a year that the increase in house prices fell month-on-month. Among the 20 cities, Dallas and Denver have all-time highs, while San Francisco has seen the highest recent price increases, up 47% compared to March 2009. U.S. housing prices have returned to levels in the first half of 2004, but are still 23% below the peak in 2006. Although loan rates have risen steadily in recent months, they remain at historically low levels. Senior economist Erik Johnson said low interest rates, a lack of new homes and years of pent-up demand were the main reasons for the recent rise in home prices.