Low inventory and great interest rates are starting to have an impact on home values, as one national home values index showed a small increase in year-to-year home prices. This is the first increase in over five years. The most recent RMLS Market report also showed positive movement on price. Compared with June 2011, average sale price last month grew 4.8%. The median sales price grew 7.9%. The Portland Metro area had similar gains with an 8.6% increase in median sales price.
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Read the full article on national home values here.
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