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US home prices rose 4.9 pct. in May, lifted by strong sales

2015-07-28 15:50:22| Real Estate - Topix.net

The Standard & Poor's/Case-Shiller 20-city home price index increased 4.9 percent in May from 12 months earlier, down slightly from a 5 percent pace in April, according to S&P Dow Jones Indices. Home sales have jumped in recent months as an improving economy boosts hiring and enables more people to afford a purchase.

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