Home prices post highest annual gain in nearly 8 years



The third quarter saw metropolitan home prices growing with the fastest rate that has been seen in several years. Even with the growth, the NAR (National Association of Realtors) believes that potential buyers will still have enough income in the majority of areas to buy a home in the third quarter.

Existing home sales jumped as well, highlighting the market's inventory shortage.



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POSTED November 07 2013 10:32 AM
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