Pursuits
U.S. Home Prices Climbed 5.7% in First Quarter From Prior Year
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U.S. home prices rose 5.7 percent in the first quarter from a year earlier as buyers competed for a limited supply of listings.
Prices climbed 1.3 percent on a seasonally adjusted basis from the previous three months, the 19th consecutive quarterly gain, the Federal Housing Finance Agency said in a report Wednesday from Washington.