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The National Association of Realtors has compiled data which suggests that by the last quarter of 2012, home prices will increase by 7% to 10%. Supporting this claim is the fact that median home prices in the existing single family home markets rose in half of the metropolitan areas tracked by the Association. Also contributing is the widespread shortage of lower priced homes in much of the country and especially in the West. Please click on the link to read the complete article.
