Significant Findings:
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The seasonally adjusted purchase-only HPI rose in 41 states and the District of Columbia during the first quarter.
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Of the nine census divisions, the Pacific division experienced the strongest increase in the latest quarter, posting a 4.4 percent price increase.
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House prices were weakest in the Middle Atlantic division, where prices increased 0.3 percent from the prior quarter.
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As measured with purchase-only indexes for the 75 most populated metropolitan areas in the U.S., first quarter price increases were greatest in the Jacksonville, FL Metropolitan Statistical Area (MSA). That area saw prices increase by 9.3 percent between the fourth quarter of 2012 and first quarter of 2013.
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Prices were weakest in the Bridgeport, Stamford, Norwalk, CT MSA, where prices fell 3.5 percent over that period.
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The monthly seasonally adjusted purchase-only index for the U.S. has increased for 14 consecutive months.