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Main Content

Home Prices Begin Their Next Ascend

By Judi Desiderio, Thursday, January 31, 2013
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The November Standard & Poor Case-Shiller Report confirms the next trend in home sales has legs!

Here at Town & Country, we have gone so far as to predict the housing market will be the primary driver to a healthy US economy.

As we report monthly, the Case-Shiller report studies 20 major metropolitan areas throughout the country for a year over year analysis.

Home prices rose 5.5% in November 2012 compared to November 2011. In fact more than 50% of the cities in the report had year over year increases in excess of 7%.

Phoenix registered the greatest gain of 22.8% !

November’s increase was the strongest increase since the peak of the housing boom back in August 2006.

The American Dream is wide-awake!