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Updated: 10/19/2013 08:00:03AM

Home prices continue to surge

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Area home prices continued their stellar performance, as third-quarter prices rose 21 percent, compared with the same quarter last year.

Rumblings about a new wave of foreclosures, effects from the government shutdown and fears of a mini-bubble did little to dampen buyers’ enthusiasm, as home prices surged 48 percent, compared with the third quarter of 2010.

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