U.S. home prices were up 0.1 percent in the second quarter of 2007, compared with the first three months, while Arizona prices fell 0.29 percent during the same period, a report released Thursday showed.Overall, Arizona ranked 39th in the country in terms of price appreciation, according to the Office of Federal Housing Enterprise Oversight.The top states for price growth were Utah (15.3 percent), Wyoming (12.8 percent), Washington (9.1 percent), Montana (9.1 percent) and New Mexico (8.8 percent).Those with the biggest price declines were Nevada (-1.5 percent), Michigan (-1.4 percent), California (-1.4 percent), Massachusetts (-1.0 percent) and Rhode Island (-1.0 percent).Nationwide, prices were up 3.2 percent nationwide year-over-year. In Arizona, prices were up 2.2 percent for the period and 90.8 percent over a five-year span.

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