U.S. Housing Market Improving

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Updated: 8/28/2012 12:38 pm
Washington, D.C. (AP) - U.S. home prices are showing gains from May to June in every city tracked by a leading index – an encouraging sign that the housing market is improving.

The Standard & Poor's/Case-Shiller home price index showed increases in all of the 20 cities tracked for a second consecutive month.

The increases partly reflect the impact of seasonal buying. The month-to-month prices aren't adjusted for seasonal factors.
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