US sees house price leap

Aug. 24, 2005
In stark contrast to UK house prices US prices rose by 14.1% over the last year to July. The national median existing home price for all housing types was $218,000 up from $191,000 in July 2004. However total existing homes sales slipped by 2.6% in July from a record 7.35 million in June to 7.16 million, but sales were 4.7% …

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