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Government
agency ranks Utah No. 2 in home price increases
A
respected index that tracks housing prices throughout
the U.S. ranked Utah No. 2 in home price appreciation
for the first quarter of 2008. Numbers from the Office
of Federal Housing Enterprise Oversight show Utah home
prices were up 5.58 percent during the first three months
of the year, only behind Wyoming where home prices were
up 6.34 percent. Four Utah metropolitan statistical
areas also ranked high, being among the top 25 appreciating
markets in the country:
No.
6: Provo-Orem with appreciation of 6.76 percent
No. 9: Ogden-Clearfield with appreciation of 6.64 percent
No. 15: Logan with appreciation of 6 percent
No. 22: Salt Lake with appreciation of 5.39 percent
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