In Brief: Home Prices Said to Be Up Across Nation

Home prices all across the country are on the rise, according to the latest data from Case Shiller Weiss.

During the third quarter of 1996, home prices increased 1.1% nationwide from the second-quarter level, for an aggregate gain of 3.1% since 1995's third quarter.

Prices in Portland, Ore., saw the biggest gain over the 12-months period. Values increased more than 9% there, to a median of $144,000.

Home prices in Washington, D.C., showed the slowest growth during the same time period-rising 0.2% to a median of $174,000.

The rise in home prices in the mountain states, which have experienced an influx of new residents in recent years, has slowed, the data show. Although values there increased 4.9% over the 12-month period, they grew only O.7% during the third quarter.

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