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Asking prices post biggest increase since bust began

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Home prices on real estate portal Trulia's website were up 2.5 percent in September from a year ago, the largest year-over-year increase since the housing recession began, according to a monthly report from Trulia. The increase portends that 2012 will likely see the first calendar-year list price increase since 2006, said Jed Kolko, Trulia's chief economist.The report, which covers for-sale and for-rent properties listed on Trulia through Sept. 30, showed that asking prices on for-sell homes posted annual gains in 74 of the 100 largest U.S. metro areas.  September 2012 Trulia list price summary Time period Change in list prices Change in list prices, excluding foreclosures No. of 100 largest metros with list-price increases month-over-month, seasonally adjusted 0.5% 0.6% (N/A) quarter-over-quarter, seasonally adjusted 1.6% 1.9% 86 year-over-year 2.5% 3.5% 74 Source: Trulia And, the report...