• Research firm CoreLogic reported that home prices in July were up 1.3% from June and up 3.8% year-over-year, giving the biggest 12-month increase in six years based on its Home Price Index.
• The company also calculated the results with distressed sales excluded, and they went up to 1.7% and 4.3%, respectively.
• "The housing market continues its positive trajectory with significant price gains in July and our expectation of a further increase in August," said Mark Fleming, chief economist for CoreLogic.

From the article:

Home prices in July rose 3.8% over last year, making it the largest annual gain in six years, CoreLogic ($24.87 0.27%) said in its latest Home Price Index Tuesday. ...