Pursuits
Home Prices Beat Estimates With 0.8% Gain in November
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U.S. home prices rose more than economists estimated in November, a sign job growth is helping to boost housing demand.
Prices climbed 0.8 percent on a seasonally adjusted basis from October, the Federal Housing Finance Agency said in a report from Washington. The average economist estimate was for a 0.3 percent increase, according to data compiled by Bloomberg. Prices increased 5.3 percent from November 2013.