Real Estate

N&O: Home prices rose in May

A sold sign is posted outside a newly constructed luxury home in Wellesley, Mass., Tuesday Aug. 25, 2009. (AP Photo/Charles Krupa)

A sold sign is posted outside a newly constructed luxury home. (AP Photo/Charles Krupa)

RALEIGH (WTVD) -- The News and Observer of Raleigh reports home prices increased in May in Raleigh and in the Durham-Chapel Hill market compared with the same period last year.



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