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Home Prices Jump 0.9%

Home Prices Jump 0.9%

| Oct 03, 2013 | Housing Market

U.S. home prices continue to increase, jumping 0.9% last month and 12.4% from August 2012. Distressed sales and short sales have also increased 11.2% from last year according to CoreLogic. Although home prices have increased, they are still considered below average. Additionally, mortgage rates have also increased but still remain relatively low. Housing market experts suggest the housing market and prices will continue to grow. More here

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