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Some Home Prices Surpass Pre-Recession Levels

IRVINE, CA—Median prices rise 11% from a year ago to their highest level since December 2008 and are above pre-recession levels in 19% of major counties, reports RealtyTrac.

By Carrie Rossenfeld | Updated on June 02, 2014

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IRVINE, CA—The median sales price of US residential properties increased 4% in April over the previous month and 11% from April 2013—the biggest year-over-year increase since US median prices bottomed out in March 2012, according to a report from RealtyTrac. The average price is now at its highest level since December 2008, and prices have surpassed pre-recession levels in 19% of major US counties, according to the report.

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