Are we in a housing bubble? Not even close, experts say
By Anjli Raval Americans are increasingly abandoning property ownership as investment increases in the rental sector You have viewed your allowance of free articles. If you wish to view more, click the button below. The Financial Times Ltd 2013 FT and ‘Financial Times’ are trademarks of The Financial Times Ltd. Printed from: http://www.ft.com/cms/s/0/5ba8d6f6-220e-11e3-bb64-00144feab7de.html Print a single copy of this article for personal use. Contact us if you wish to print more to distribute to others.
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Home prices only increased from June to July by 0.6%, Lender Processing Services revealed Monday in its U.S. Home Price Index. web link However, from last year, July prices soared 8.7% above 2012 levels, the company said. The report is the result of a survey of July transactions from more than 18,500 U.S. ZIP codes. Last weeks housing data points to positive signs in the housing market.
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