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House prices rise 10.9% from a year ago: S&P/Case-Shiller report today

From The Ticker:

The S&P/Case-Shiller house-price index of 20 big metropolitan areas rose a seasonally adjusted 1.1%in March from February, the largest monthly gain since April 2006, and was up 10.9% from a year earlier. Existing-home sales have been higher than year-earlier levels for 22 straight months. They recently reached their highest monthly level since government home-buyer tax incentives expired in November 2009.

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