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Home prices in California show strong, unexpected gains in January

L.A. leads the S & P/Case-Shiller index of 20 cities with a 1.8% increase from December. The index rises 0.3% overall, its eighth monthly increase in a row. Some see recovery; others, a mixed picture.

A national index of home prices rose unexpectedly in January, with California cities posting strong gains, but some experts warned that the nation’s struggling housing market could be headed for another fall.

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Home prices in California show strong, unexpected gains in January

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