Home Prices Continue Upward Trend

Washington, DC, April 23, 2013 -- Home prices in the U.S. rose 0.7% on a seasonally adjusted basis in February, the Federal Housing Finance Agency said.

Over the previous 12 months, home prices were up 7.1%, though they are still 13.6% below the 2007 peak.

The FHFA index has not fallen in any month since January 2012.

                                                                                                                                                                                                                                                                                                                 
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