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Home Price Index

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Asking Prices Gain with Seasonal Sales 

Jun 10, 2009By

Asking prices on houses across the US rose again in May as the spring selling season continued to work through excess inventory. House prices rose in 23 of 26 major metropolitan markets, with 22 of these markets showing the third consecutive month of price increases, according to a Real-Time Housing Market Update published Tuesday by Altos Research and Real IQ. Asking prices were down by 3.7% in Las Vegas, 1% in Salt Lake City and 0.7% in Seattle.