The 20 city-index, which covers major metropolitan areas like Seattle and Chicago, rose by 5.27%, above economists' expectations of 5.03%, and up from 5.1% in October.
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US home prices rose more than expected
US home prices rose more than expected, according to the November reading of the S&P/Case-Shiller index.
A newly built single-family home that is sold is seen in San Marcos, California, January 30, 2013.
Meanwhile, the overall National Home Price Index, which measures all nine US census divisions, rose by 5.6% on an annual basis, up from 5.5% in October.
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