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U.S. Rents Accelerate While Home Values Return to Modest Growth (access required)

Home value growth returned to a steady pace in August after a slowdown in the first half of the year, according to the August Zillow® Real Estate Market Reporti. Quarter-over-quarter growth reached an annualized rate of 3.4%, up from 0.4% in May. The median U.S. home is now worth $229,600, up 4.9% from last August, the ...

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