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September 17, 2012
Home Prices Arrive at Major Turning Point; July FNC Index Up 0.9%
FNC’s latest Residential Price Index™ (RPI) indicates that U.S. residential property values continue to climb, capturing a fifth consecutive monthly gain, as the result of rising demand.
More notably, the index shows that for the first time since the housing market collapsed in 2007, home prices are beginning to recover on a year-over-year basis, highlighting a major turning point in market trends.
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