Sacramento-area home prices projected to rise

From the article:
Home prices in the Sacramento region are expected to rise 5.6 percent over the next 12 months, well above the 1.7 percent expected national increase, and in addition to a 3.4 percent hike over the last year, officials at Zillow said. The market tracker said home values are back to March 2002 levels, and suggested Sacramento’s prices hit bottom in the first quarter of 2012. In year-over-year comparisons, prices have climbed in most communities, including: El Dorado Hills, 8.2 percent; Lincoln, 7.7 percent, Rocklin, 7.3 percent, Elk Grove, 6.4 percent; Roseville, 6.2 percent; and Sacramento, 3.7 percent.

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