The median existing-home price for all housing types in December was $224,100, according to the National Association of Realtors, up 7.6 percent from December 2014 ($208,200). Last month's price increase marks the 46th consecutive month of year-over-year gains.
Sure looks like the Fed created boom phase to me.
-RW
Lack of inventory is driving up prices.
ReplyDeleteOr you know perhaps the demand is high due to record low interest rates. One side is manipulated by a government monster. The other side has few restrictions except in certain municipal areas.
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