Redfin reports u.s. home prices ticked up 0.2% in august

Seattle--(business wire)--u.s. home prices rose 0.2% from a month earlier in august on a seasonally adjusted basis, up slightly from the 0.0% monthly growth rate posted in july. august marks the first time since january that the rate of home-price growth increased compared to the prior month, according to a new report from redfin, the real estate brokerage powered by rocket. on a year-over-year basis, home-price growth slowed to 3.1%, the lowest rate recorded in redfin home price index (rhpi) d.
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