U.S. home sales, prices confirm upward trend

02/26/2013 | Reuters

The latest U.S. home price and sales figures both add to evidence of a resurgent real estate market. December's prices were up 6.8% for their best showing since 2006, according to the S&P/Case-Shiller composite index of 20 metropolitan areas. And the Commerce Department reported a 15.6% jump in January sales, which were at a 4-1/2-year high.

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