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MILWAUKEE - Corelogic Case-Shiller is predicting a small increase in
Milwaukee-area home prices, even though they remain down slightly
compared with last year.
The
index reported metro Milwaukee prices were down 0.2 percent between the
end of 2012 and 2011. However, a 0.4 percent increase is expected
between the fourth quarter of 2013 and the end of last year. By the end
of 2014, a larger growth of 6.1 percent is expected.
Nationwide, home prices grew 7.3 percent in 2012, which is the largest
growth in seven years.
Corelogic acquired the Case-Shiller indexes from Brookfield-based Fiserv
Inc. March 20 for $6 million.
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