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Post by bot on Aug 30, 2013 12:13:10 GMT -5
U.S. home prices rise 2.2% in June WASHINGTON (MarketWatch) -- U.S. home prices increased 2.2% in June, another month of fast growth but slower than May, with gains in all 20 cities tracked by the S&P/Case-Shiller gauge, according to data released Tuesday. In six cities prices rose faster in June than they did in May. Annual home-price growth hit 12.1% in June, remaining close to a multi-year high. "Overall, the report shows that housing prices are rising but the pace may be slowing," said David Blitzer, chairman of the index committee at S&P Dow Jones Indices.
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