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June 15, 2016

FNC Index: April Home Prices Up 1.1%

The latest FNC Residential Price Index™ (RPI) indicated U.S. home prices rose quickly in April, up 1.1% at a seasonally unadjusted rate. On a year-over-year basis, prices continue to enjoy modest growth, rising 5.6% from a year ago.

Following a strong March surge, April home prices gained widely nationwide as sales activity picked up across much of the country.

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