Housing Statistics: Home Prices Rose in All Major US Cities in June

We had spotted some stats showing us a recovery in slowly getting in place - we spotted this today:

"U.S. home prices rose in June from the same month last year, the first year-over-year increase since the summer of 2010. The increase is the latest evidence of a nascent recovery in the housing market."

Statistics Source: CNBC

Before we digest this fact we need to remember that many people are still underwater.