Home Prices are rising at more than 5% per year, over twice the rate of inflation. Price gains partly driven by tight supply and low inventories of homes for sale. Young and first time home buyers facing some hurdles in getting mortgages due to student and credit card debts.
see www.spdji.com for for report
Click on figure for larger image
from S&P Dow Jones Indices – HousingViews
http://www.housingviews.com/2016/03/29/spcase-shiller-home-prices-as-of-january-2016/
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