Case Shiller: Home Prices Up, But Don't Celebrate Yet

WASHINGTON -- Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by seasonal buying. But the housing market remains depressed, and prices are expected to decline in the coming months.

The Standard & Poor's/Case-Shiller index released Tuesday showed home prices increased in July from June in 17 of the 20 cities tracked.

Detroit, Chicago and Minneapolis posted the biggest monthly percentage gains. Prices fell in two cities among those hit hardest by the housing crisis -- Las Vegas and Phoenix.