Another home price metric up

housing marketBy Dees Stribling | MHN Online

The latest FNC Residential Price Index, which was released on Thursday, shows U.S. home prices have gotten off to a slightly positive start in 2014, rising a modest 0.4 percent in January for the 100 largest MSAs. The index, which gauges price movement among normal home sales but not distressed properties, indicates that the overall housing market continue to strengthen as market fundamentals and credit conditions improve.

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