Four cities have set new all-time highs for prices, two are more than 20% above their pre-crisis peaks:
(click on table or chart for larger image)
Home prices are much more volatile than rents and are rising a bit faster currently:
With inflation quite low, the real and nominal home prices track one-another, unlike the more distant past:
Affordability should survive the prospect of rising interest rates:
from S&P Dow Jones Indices - HousingViews
http://www.housingviews.com/2015/11/24/looking-at-home-prices/
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