Tuesday, December 04, 2012 12:08 pm
News Summary: US home prices up by most in 6 years
By The Associated Press
GAINS SPREAD: Prices increased in 45 states in October, up from 43 the previous month. And in 100 large metro areas, only 17 reported price declines, down from 21 in September.
HOUSING RECOVERY: Steady price increases are helping fuel the housing recovery. They encourage homeowners to sell their homes. And they entice would-be buyers to purchase homes before prices rise further.