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Home prices in the spring remain high

Home prices in the spring remain high

“Home prices continue to rack up gains two to three times greater than the inflation rate,” he said. “Unlike the boom-bust period surrounding the financial crisis, price gains are consistent across the 20 cities tracked in the release. Not only are prices rising consistently, they are doing so across the country.”

The price increases are pulling down other key housing data: existing and pending home sales. The S&P CoreLogic Case-Shiller Indices specifically cover the sales of existing single family homes.

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