US home prices rise in October from 1 year ago as housing recovery sustains momentum

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: December 26, 2012 - 11:14 PM

WASHINGTON - US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

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notforwardDec. 26, 12 9:15 AM

There is no recovery Rugaber, just your same old tired garbage. How many times in the last four years have you penned, "could be a sign of a recovery?" You've got four more years to use your awesome writing skills to defend this disaster known as Obama.

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notforwardDec. 26, 12 9:34 AM

There is no recovery Rugaber, just your same old tired garbage. How many times in the last four years have you penned, "could be a sign of a recovery?" You've got four more years to use your awesome writing skills to defend this disaster known as Obama.

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notforwardDec. 26, 12 9:41 AM

There is no recovery Rugaber, just your same old tired garbage. How many times in the last four years have you penned, "could be a sign of a recovery?" You've got four more years to use your awesome writing skills to defend this disaster known as Obama.

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notforwardDec. 26, 12 9:52 AM

There is no recovery Rugaber, just your same old tired garbage. How many times in the last four years have you penned, "could be a sign of a recovery?" You've got four more years to use your awesome writing skills to defend this disaster known as Obama.

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notforwardDec. 26, 1210:03 AM

There is no recovery Rugaber, just your same old tired garbage. How many times in the last four years have you penned, "could be a sign of a recovery?" You've got four more years to use your awesome writing skills to defend this disaster known as Obama.

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joe_mnDec. 26, 1211:39 AM

Decline in available houses? We build new houses so the overall amount of homes/condos/townhouses goes up but supply drops?don't forget all the folks in houses now that they can't sell! Lots of "available" houses there!

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notforwardDec. 26, 12 1:33 PM

Despite what the AP says, there will be NO RECOVERY until this is dealt with---------------------------- Monthly US budget deficit reaches $172B in November, up 25 percent from a year ago Article by: CHRISTOPHER S. RUGABER , Associated Press Updated: WASHINGTON - The U.S. federal government's budget deficit widened in November compared to October, a sign that the nation is on a path to its fifth straight $1 trillion-plus deficit. The budget gap rose to $172 billion in November, up from $120 billion in October, the Treasury Department said Wednesday. The November deficit was also 25 percent higher than the same month last year. Last month's deficit was pushed higher by a calendar quirk that pulled about $33 billion in benefits payments into November from December. The government finished the 2012 budget year with a deficit of $1.1 trillion. President Barack Obama and Congress are under pressure to curb the deficit as part of a budget deal to prevent tax increases and deep spending cuts from kicking in Jan. 1.---------------------------------

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bgmach3Dec. 26, 12 2:17 PM

YAH you betcha. So does that mean every for sale sign in yards with the "NEW PRICE" tag underneath mean a higher price? This market is doomed until the mid 2020's. And by that time the only shortage of homes will be due to the neighborhoods bulldozed down because no one wants to buy the old homes that god forgive me don't have granite countertops and an extra 1500 square feet that will never be used.

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