Housing market continues to recover
Housing market continues to recoverHome prices are rising while foreclosure rates decline. The price of single-family homes across the United States rose 9.3 percent in February compared with a year ago, the biggest increase since May 2006. The Phoenix area had the largest increase at 23 percent. And foreclosures are down for most of the United States. Read related article.
Sources: Standard & Poor’s/Case-Shiller, CoreLogic. The Washington Post.