Asking prices posted their largest year-over-year increase since the housing slump began, a monthly report from Trulia shows. Home prices listed on the Trulia web site were up 2.5 percent nationally. When foreclosures are left out, asking prices were up 3.5 percent from year-ago levels.
Asking prices on listed homes rose in 74 out of the 100 largest metro areas Trulia tracked. From July to August, asking prices posted a 0.5 percent gain, marking the eighth consecutive month for price increases.Read More
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