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In this Feb. 22 photo, a sale pending announcement sits atop a for sale sign in a home's yard in Richardson, Texas. U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. (AP Photo/LM Otero)

US home prices rise 8.1 percent, most since June 2006

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WASHINGTON (AP) -- U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. The gain shows the housing recovery is strengthening ahead of the all-important spring buying season.

By PAUL WISEMAN

AP Economics Writer

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