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Home price spikes are seasonal, not the norm 

Jul 14, 2011By

Researchers with Capital Economics say no one should interpret recent home price increases to anything but a temporary uptick caused by better weather and seasonal factors. A new report from Altos Research earlier this week showed the median national home price for all 26 markets studied by the firm at $450,358 in June, compared to $444,273 in May.

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