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U.S. home sales prices rise 6.3%

September 19th, 2012 Written By Carol Pawley

According to a new report from RE/MAX median sales price of homes in the United States rose 6.3% in August compared to the same period in 2011. For the seventh straight month U.S. home prices have shown a year-over-year increase and home sales transactions saw an 8.5 percent increase in activity in the same period, the 14th-straight month of improved sales volume.

Margaret Kelly, CEO at RE/MAX states,”…it’s very encouraging that this year’s home selling season began strong and finished even stronger, nearly every month in 2012 experienced increased sales and prices over 2011, showing that we’ve definitely passed the bottom and we’re looking forward to 2013 being an even better year.”

 

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