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Brisk sales, fewer homes available drive market

December 27, 2012
By CHRISTOPHER S. RUGABER - AP Economics Writer , The Associated Press

WASHINGTON - US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

 
 

 

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