US home prices rise 5.3 pct. amid solid demand, tight supply

Source: The Palm Beach Post

U.S. home prices marched steadily higher in November, pushed up by healthy demand for homes and a shrinking supply of available properties.

The Standard & Poor’s CoreLogic Case-Shiller 20-city home index, released Tuesday, rose 5.3 percent, slightly faster than October’s gain of 5.1 percent.

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