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U.S. Home-Price Growth Accelerated in March

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Home-price growth accelerated in March, even as home sales dropped after the coronavirus pandemic shut down economic activity in some regions.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.4% in the year that ended in March, up from a 4.2% annual rate the prior month. March marked the highest annual growth rate since December 2018.

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