Pursuits
U.S. Home Prices Rose More Than Expected in October
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U.S. home prices rose more than economists estimated in October as rising employment and falling interest rates boosted buyer demand.
Prices climbed 0.6 percent on a seasonally adjusted basis from September, the Federal Housing Finance Agency said today in a report from Washington. The average of 21 estimates was for a 0.3 percent increase, according to data compiled by Bloomberg.