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- US home prices climbed up 6.5% year-over-year in the last quarter of 2023.
- Housing values jumped in 49 US states last year, with Rhode Island seeing the biggest increase.
US home prices continued their rise in the last quarter of 2023, though they showed slower growth compared to the prior quarter.
The Federal Housing Finance Agency on Tuesday said home prices climbed 6.5% year-over-year in the fourth quarter, up 1.5% from the third quarter, and up 0.1% on a seasonally-adjusted basis in December compared to November.