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Freddie reports annualized Q1 home price growth

Freddie Mac reported last week that its quarterly national Conventional Mortgage Home Price Index rose 2.1% in quarter one 2006, or an annualized 8.7%. This is down from the fourth quarter's annualized rate of 12.9%. The year-over-year change (1Q05 to 1Q06) was 12.7%. These results were similar to the...

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