The dollar extended gains versus the Japanese yen on Tuesday after a report showed U.S. single-family home prices rose more than expected in May, according to the Standard & Poor's/Case Shiller home price indexes.

The dollar was last up almost 1 percent at a session high of 87.74 yen JPY=, from 87.47 yen before the release.

The euro also pared some of its gains versus the dollar after the release and traded up 0.1 percent at $1.2998 EUR=, from $1.3007 before. (Reporting by Vivianne Rodrigues; Editing by W Simon )

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