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Utah is a top state for housing appreciation

Two national reports have recently ranked Utah in the top 10 for housing price increases. For the first quarter, the Federal Housing Finance Agency said Utah had the eighth-highest appreciation among states. The agency said Utah house prices increased about 3 percent from the same period a year earlier.

Similarly, CoreLogic ranked Utah in the top four for two of its rankings. Excluding distressed sales, like short sales and foreclosures, Utah’s 5.3 percent increase in prices was the highest in the country. Including distressed sales, Utah ranked No. 4 in appreciation at 5.4 percent.

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