Recovery Persists Despite Interest Rate Hikes
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US Home Prices Moving Up
Despite projections suggesting a slowdown in rising U.S. home prices, CoreLogic analysts believe even more gains are in store for June. May saw home prices jump more than 12% for the month of May and experts are now predicting as much as a 13% increase for June. The biggest gains have been seen in Nevada, California and Arizona, although the CoreLogic Home Price Index reveals jumps in 97 out of 100 regions surveyed. Although mortgage rates are on the rise, analysts believe market confidence and ... [Read more]