U.S. home prices rose 5.1% in August, lifted by dwindling supply

U.S. home prices climbed at a solid pace in August as more buyers competed for fewer available properties.

The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index rose 5.1% in August, after a 5% gain in July. Portland, Seattle and Denver reported the strongest year-over-year increases…