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CoreLogic report shows 12.2 percent hike in home prices


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CoreLogic's just-released May Home Price Index report found that home prices nationwide, including distressed sales, increased 12.2 percent on a year-over-year basis in May 2013 compared to May 2012. The price increase marks the greatest year-over-year change since February 2006 and the 15th consecutive month of  price growth, according to the index.

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