Home Prices Jump In September

Home prices rose 5% in September compared with a year ago, according to new data from CoreLogic, which represents the largest year-over-year increase since July 2006. Rising prices will be encouragement for home owners who have been waiting on the sidelines to list their homes, as well as motivation for buyers to make a purchase to avoid further price increases. Many other factors are indicating that the housing market is strengthening, including a boom in housing permits, which indicates that home builders are starting to have more confidence in the market. Click here to read the full report from USA Today.

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