Home prices stabilize per FNC report

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HousingWire reports that the FNC Residential Price Index, which excludes distressed properties, recorded a growth of 0.6 percent from March to April.

June 25, 2014

HousingWire reports that the FNC Residential Price Index, which excludes distressed properties, recorded a growth of 0.6 percent from March to April. Moreover, the index’s year-over-year change has stabilized for a second consecutive month since February, suggesting that the annual rate of home price appreciation has peaked.

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