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alternative realtor: Rising Home Prices - 08/25/09 05:26 PM
Home prices rose 2.9 percent in the second quarter from the previous quarter. This is the first such gain in three years and an additional sign that the housing market is slowly stabilizing. The recent results of the S&P/Case Shiller index, which measures repeat home sales, are showing the same positive trends reflected in other housing market indicators. Home sales, construction activity and builder confidence have all risen in recent months. Overall, prices fell 14.9 percent in the second quarter compared with the same time period a year ago. This quarter, average home prices are near historic 2003 levels.The S&P/Case Shiller … (0 comments)

 
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Dave Koester

Eugene, OR

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Eugene's Alternative - Real Estate

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