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Home Values Up For First Time In 5 Years

Posted July 27th, 2012 | by The Update


(CNNMoney) — Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday.

Nationwide, home values rose 0.2% year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported. Prices were up 2.1% from the first quarter.

Click here to read the full article on CNN Money.

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