| Home prices rose 8.3 percent in December from a year earlier, the biggest gain since May 2006, according to CoreLogic. All but four states -- Pennsylvania, New Jersey, Illinois and Delaware -- posted increases. Prices rose 0.4 percent in December from November, the 10th consecutive monthly advance.
Excluding foreclosures and short sales, which sell at deep discounts to market prices, home prices were up 7.5 percent on a year-over-year basis and 0.9 percent month-over-month...............................................Full Article: Source
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