Housing markets where price gains are growing
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Markets in Middle America are experiencing some of the highest year-over-year price increases and racking up the biggest rises in the number of transactions, according to a list released by ERA Real Estate this week.
Included in ERA's list of top markets are Albuquerque, N.M., where pending sales were up 12% in June compared with a year ago; and Colorado Springs, Colo., where the average sales price is up 9% over a year ago. Also on the list are Atlanta, Houston and New Orleans.
Of course, there are plenty other markets in the country that are seeing positive signs. Read a story about Realtor.com's top 10 turnaround towns for the second quarter in this week's Real Estate pages.
Also, get the latest on proposed rules from the Consumer Financial Protection Bureau to help services better communicate with borrowers, and check out a Home Economics column on how to protect your college student's belongings, whether she lives in a dorm or off campus.
--, real-estate writer
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