Home prices post record gains

[Home prices]

Home prices post record gains
Second quarter numbers are in for nearly 150 markets. How does your home town stack up?

NEW YORK (CNN/Money) - Single-home price growth over the 12 months ending June 30 was the strongest in history, according to the National Association of Realtors.

In its quarterly survey, NAR found that U.S. home prices rose at an annual rate of 13.6 percent, to a median price of $208,300.

Of the 149 metro areas surveyed, 67 showed gains of more than 10 percent.

The Phoenix market, up 47 percent since the second quarter of 2004, led all metro areas. The median home price there is $243,400.

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