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Home prices rise 0.8% in February: CoreLogic
Posted to: Around The Web
Tuesday, April 01, 2014 4:02 AM

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WASHINGTON (MarketWatch) -- Home prices rose 0.8% in February, as annual growth reached 12.2%, the fastest year-over-year pace since February 2006, according to data released Tuesday by CoreLogic , an Irvine, Calif.-based analysis firm. "As the spring home-buying season kicks off, house price appreciation continues to be strong," said Mark Fleming, CoreLogic's chief economist. "Although prices should remain strong in the near term due to a short supply of homes on the market, price increases should moderate over the next year as home equity releases pent-up supply." Including February, home prices were about 17% below a bubble peak. Looking at states, prices in California saw the fastest annual growth, reaching 19.8% in February, while Kentucky had the slowest year-over


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