Home prices in the U.S. edged up 1.1% to an average price of $200,000 in April, while falling a slight 0.1% from year ago levels, Lender Processing Services Inc. said Friday.
LPS ($23.60 0%) reached this conclusion in its First Look Home Price Index Report, which reports on the status of home prices in 15,500 different U.S. zip codes.
The HPI report from LPS shows prices on all non-distressed transactions.
Regions with the steepest price gains included Alaska, with a 2.6% price increase; Washington D.C. (up 2.4%); and Georgia (up 2.2%).
via LPS: National home prices rise slightly | HousingWire.
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