US home prices rose 11.3% in 2013

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US home prices rose about 11 percent in 2013.

This jump comes despite the slight decline at the end of the year, according to the s-and-p case-schiller index.

The index — which tracks reisidential real estate prices — had its best year since 2005.

But gains have been slowing, and experts think the strongest part of the recovery might be over.
new home sales have declined, and mortgage rates have jumped.

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