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Home » Store » Taxable » Home Price Appreciation Rates Rise More Slowly in 3Q01, Freddie Mac Reports

Home Price Appreciation Rates Rise More Slowly in 3Q01, Freddie Mac Reports

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American home prices rose at a slower clip in the third quarter than the second quarter, but the number still represents solid gains due to historic low mortgage interest rates. According to Freddie Mac’s Conventional Mortgage Home Price Index, growth in home values increased by an annualized rate of 6.6 percent nationwide in the third quarter of 2001, down from a revised 8.1 percent for the second quarter. The index also showed that house prices
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