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Home prices rise for fifth month in a row

Posted by Bonnie Martin Designated Broker on Wednesday, October 31st, 2012 at 8:09am.

NEW YORK (CNNMoney) -- The housing market picked up more momentum in August, as the average home price for 20 major cities jumped 0.9%, according to the S&P/Case-Shiller home price index

The increase marked the fifth consecutive month of gains for the index with all but one city, Seattle, recording month-over-month price increases.

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