Are home prices rising?

Looks like the answer is yes, but not quite as much as we may be thinking.  Interesting article on what is skewing the Case-Shiller index.  He is projecting 4% increase over next year for real estate prices.

http://www.calculatedriskblog.com/2013/06/zillow-case-shiller-house-price-index.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29

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