Home prices rise at lowest rate since ’04

June 01, 2006 12:00AM

Home prices nationwide increased 2.03 percent from the fourth quarter of 2005 to the first quarter of 2006, according to data released Thursday by the federal Office of Housing Enterprise Oversight. That’s an annualized rate of 8.12 percent, and the lowest quarterly rate increase since the first quarter of 2004. more [CNN/Money]

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