U.S. Home Prices Rise Slightly in October

December 29, 2015 2:42 PM

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U.S. Home Prices Rise Slightly in October

Home price growth gained strength in October, according to a report released Tuesday, even as more recent indicators suggest the pace of home sales has dramatically lost momentum as the year draws to a close.

The S&P/Case-Shiller Home Price Index covering the entire nation rose 5.2% in the 12 months ended in October, stronger than a 4.9% increase in September and among the largest increases all year.

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