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Home Prices Shoot Up

The housing market recovery picked up steam in the final three months of last year - prices shot up 7.3%, according to S&P Case-Shiller.

The report covered home prices across 20 major housing markets and comes ahead of a government report on the sales of new homes due later Tuesday.

The home price increase marks the third straight quarter of year-over-year gains.

Source: CNNMoney. Read full article. (link)

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