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Friday, December 7, 2012
U.S. Home Prices Rise in October by Most in 6 Years
This year, U.S. home prices have experienced the largest yearly gain since July of 2006. According to the report in this article, overall prices increased in 45 states in October, up from 43 states the previous month. Furthermore, home buying has become more affordable with a greater demand, as mortgage rates are near records lows while rents in many cities are rising. Read the article linked below for more info.
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