New data reports home prices up in February - Hawaii News Now - KGMB and KHNL

New data reports home prices up in February

HONOLULU (HawaiiNewsNow) - Home prices are up for the first time in three years. New data shows home prices in February increased 0.6 percent.

The last time prices rose on a year-over-year basis was December 2006.

Still, data shows home prices could decline further before experiencing any sustained gains.

And it's too early to say if the housing market is actually recovering.

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