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November 17, 2015

FNC Index: Home Prices Up 1.7% in the Third Quarter

The latest FNC Residential Price Index™ (RPI) shows U.S. home prices in September gained another 0.2% amid a surprise pickup in homes sales during the month. On a quarterly basis, average home prices rose 1.7% during the third quarter, down from 3.5% in the second quarter reflecting a seasonal pullback. September’s year-over-year growth picked up the pace to reach 6.1%.

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