Ahead of the Bell: October Home Prices

Published on NewsOK Modified: December 3, 2013 at 4:39 am •  Published: December 3, 2013

WASHINGTON (AP) — Private data provider CoreLogic is scheduled to report on October home prices at 8 a.m. Tuesday.

The real estate data provider said last month that prices rose 0.2 percent between August and September after a 0.9 percent gain from July to August. The trend signals that the big price gains from the past year are beginning to level off, partly because of higher mortgage rates.

Still, home prices are up about 12 percent year-over-year. The increase could encourage more sellers to put their homes on the market, easing a shortage of homes for sale.

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