Report: Housing is 75% Back to Normal
According to a new report from Trulia, the housing market in the United States continues to improve and is about 75 percent back to where it was when it began to crash in 2006.
As CNBC points out, sales and prices seem to be leading the recovery, with each about 10 to 15 points from where they sat this time last year.
“We’ll continue to see improvement in existing home sales, as I expect we’ll see more inventory this year,” said Jed Kolko, chief economist at Trulia. “That could further slow down price gains, but should add to the volume of sales.”
Image via flickr/Diana Parkhouse