The cost of housing increased in most major metropolitan areas during July, according to a report from the real estate firm Zillow.

Home values rose 6.5% in July compared to last year, to $174,800. Average rents increased 2.8%, to $1,318, over the same period.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry