WHAT’S DRIVING UP HOUSING PRICES?

Home prices soared in 2013 and that momentum pushed into 2014. The market leveled off after the first 7 months of 2014 and plateaued. We figured that housing values had overcorrected downward and the appreciation spike during the recovery was therefore warranted. The plateau did not last long because the pace of price appreciation has now ramped up again. Why? Read more (PDF)…