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Kane home market closes 2012 strong

The housing market in the Tri-Cities and nearby communities appeared to close out 2012 well, according to the latest round of local home sales data.

Driven by low interest rates and increasing rents, home sales spiked in the region in December and home prices appeared to hold firm.

In the Tri-Cities, the number of homes sold in the three communities combined increased about 17 percent in December, compared to the same month in 2011.

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