The median price of existing single-family homes grew 10% $178,900 in the fourth quarter, up 10% from $162,600 in the fourth quarter of 2011, the largest year-over-year gain since the last quarter of 2005, according to the National Association of Realtors.

The median price increased in 133 out of 152 metropolitan statistical areas, after 120 areas posted higher prices in the third quarter, and just 29 areas grew in the fourth quarter of 2011.

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