Home prices rise for 4th month in a row

Home prices rose again in September, the fourth straight monthly increase and a clear sign the housing market recovery is continuing on.

The Standard & Poor’s/Case-Shiller home price index of 20 major cities released Tuesday rose 0.3 percent to a seasonally adjusted reading of 144.96 in September. Prices have risen month-over-month in 11 metro areas throughout the US.

Industry experts still worry that rising unemployment and foreclosures could stifle a continued rebound in sales prices.

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