Tuesday, April 1, 2014

US home prices rise despite weather

US home prices have risen from a year earlier at a solid pace, suggesting that a tight supply of available homes is boosting prices despite slowing sales. Real estate data provider CoreLogic on Tuesday said prices for existing homes rose 12.2 per cent in February from a year ago. But CoreLogic's month-to-month prices aren't adjusted for seasonal patterns, such as winter weather, which can ...

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