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CoreLogic: Home prices rise for third consecutive month

Posted by Bonnie Martin Designated Broker on Tuesday, July 3rd, 2012 at 8:53am. - U.S. home prices year-over-year rose 2% in May while also increasing 1.8% from April, CoreLogic ($19.25 0%) reported in its May home price index. 

The Santa Ana, Calif.-based research firm said when excluding distressed home sales, prices actually shot up 2.7% over year-ago levels and rose 2.3% from April. Figures from May show home prices nationwide increasing for the third consecutive month in a row.

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