U.S. home prices rise as buyers compete for fewer homes

U.S. home prices rise as buyers compete for fewer homes U.S. home prices climbed at a solid pace in August as more home buyers competed for fewer available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index rose 5.1 percent in August, after a 5 percent gain in July. Portland, Seattle and Denver reported the strongest year-over-year increases for the seventh month in a row, with gains of 11.7 percent, 11.4 percent and 8.8 percent, respectively.