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OFHEO reports strong home price growth for 2005

Average U.S. home prices increased 12.95% between the fourth quarters of 2004 and 2005, according to a recently released report from the Office of Federal Housing Enterprise Oversight.

Arizona recorded the strongest one-year and quarterly growth at 34.9% and 6.99%, respectively. Florida followed with one-year growth of 26.8% and...

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