“Home prices rose 6.3% in October from a year earlier, marking the biggest increase since June 2006, CoreLogic reports.
The gain is the eighth consecutive year-over-year jump in home prices nationally, the company says.
Prices dipped 0.2% from September. But such decreases are expected as the home buying market enters the off-season, CoreLogic says.
The housing recovery “continues to gain momentum,” says Mark Fleming, CoreLogic chief economist. The recovery is “broad-based” with almost all markets experiencing some appreciation, he says…”
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