In stark contrast to UK house prices US prices rose by 14.1% over the last year to July. The national median existing home price for all housing types was $218,000 up from $191,000 in July 2004. However total existing homes sales slipped by 2.6% in July from a record 7.35 million in June to 7.16 million, but sales were 4.7% higher than the 6.84 million in July 2004.