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Cheaper homes see accelerating price gains

Posted on 04 December 2012

Lower-priced homes, which fell the most in price during the housing bust, are showing more zip as the housing market strengthens. In the 12 months through October, the nation’s least expensive homes have seen prices rise 10%, vs. 7.6% for the most expensive homes, market researcher CoreLogic says.
“The lower you go, the better the performance,” says Mark Fleming, CoreLogic’s chief economist. Other real estate research points to strengthening at the low end, too………………………………………..Full Article: Source


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