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Hawaii home price jumps the fourth-largest in April

By Erika Engle

LAST UPDATED: 07:47 a.m. HST, Jun 04, 2013

Prices for single-family homes in Hawaii rose 17 percent in April, the fourth-highest increase in the U.S., according to analytics firm CoreLogic.

The 17 percent increase includes distressed sales, but excluding distressed sales, the increase reached 13.3 percent.

Including distressed sales, Nevada tops the CoreLogic home-price growth chart with a 24.6 percent April-over-April increase; California is next at 19.4 percent, and Arizona is just a smidgen above Hawaii with a 17.3 percent rise in home prices.

The national average increase including distressed sales was 12.1 percent, or 11.9 percent excluding distressed sales.

Only two states saw year-over-year home price declines: Alabama at -1.6 percent and Mississippi at -1.7 percent.

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