US home prices break records despite recession indicators report

A national housing price index hit a new all-time high even as interest rates and inflation continue to soar

Home prices in the US hit record highs in July despite a foreboding economic climate and steep interest rates, according to the S&P CoreLogic Case-Schiller house price index, parent company S&P Dow Jones Indices reported on Tuesday.

The group's National Home Price NSA Index crept up