Biggest Jump in Home Prices Since July 2006


Creatas/Thinkstock(WASHINGTON) — U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006, according to Core Logic.

The biggest increases were in Arizona, where prices rose 21.3 percent, and in Hawaii, where they were up 13.2 percent.

The five states where prices declined includes Alabama, Delaware, Illinois, New Jersey, and Rhode Island.

Copyright 2012 ABC News Radio

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