Wednesday, June 5, 2013

Home Prices Rising In US At Rapid Rate

This graph illustrates the rapid rate of housing price growth in the US.  The year over year rate of change is almost where it was during the boom years.  The rate of increase applies to distressed and non-distressed sales.  Investors are purchasing distressed properties and there is a shortage of inventory in many areas due to a slowdown in residential real estate development.

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