December Home Prices Jump 5.8%

According to the latest home-price index from Lender Processing Services, home prices on average increased to $207,000 in December 2012, a 5.8% jump from the previous year. The Lender Processing Services survey included 16,000 U.S. zip codes. The company also learned that out of the five major U.S states, four saw higher home prices from 2011. Home prices increased 0.1% from November to December 2012, a 0.1% gain. More here

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