Dive summary:

• CoreLogic has crunched home-sales data from July and pronounced that prices were 12.4% higher than in July 2012, or 11.4% if you exclude distressed sales from the mix.
• In another part of its monthly report, the company said that July national prices stood 17.6% below the highest-ever prices in April 2006, or 12.9% below that mark when distressed sales are excluded.
• The company also issued its predictions for August, saying it expects that the year-to-year incrtease in prices will be 12.3% or 12.2%, with and without distressed sales, respectively.

From the article:

"Looking ahead to the second half of the year, price growth is expected to slow as seasonal demand wanes and higher mortgage rates have a marginal impact on home purchase demand." ...