ST. LOUIS -- Home prices are on the rise in the St. Louis metropolitan area.
The St. Louis Post-Dispatch reports that home prices rose 4.9 percent in June compared to last year. That’s according to the real estate analysis firm Corelogic.
Prices were up 5.4 percent if short sales and foreclosures were excluded.
Still, the real estate recovery has been slower in St. Louis compared to nationwide. Across the country, home prices are up 11.9 percent over last year. Prices nationally have risen for 16 months.