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US home prices rise by most in more than a year, pushed higher by dwindling supply

2015-11-24 16:18:05| Real Estate - Topix.net

U.S. home prices rose in September from a year earlier at the fastest pace in 13 months as a lack of houses for sale has forced buyers to bid up available properties. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 5.5 per cent in September compared with a year ago, the largest annual gain since August 2014.

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