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Home prices are growing about twice the rate of wages, but are still 17 years away from peak levels seen in 2006
Home prices aren’t rising as fast as they did a year ago, Wall Street Journal housing blogger Nick Timiraos reports.
After two years of aggressive price increases, Toll’s orders declined last quarter when analysts were expecting a gain.
This month marks the 35th consecutive month of a climb in home prices
Today’s home prices are not far off their previous peak in April 2007 – immediately before the housing bust.
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