While the housing crash was heartbreaking, the recovery has been nearly miraculous. In the past two years, housing gains and a strong stock market have restored $14.22 trillion to household wealth, the largest such increase in any two-year period in US history, according to the Federal Reserve.6
Homes.com has conducted a comprehensive assessment and analysis of the rebound in housing prices. Unlike other measures, they track progress toward recovering peak prices in more than 800 housing markets. As a result, they discover trends in not just the bigger markets, some of whom suffer extreme price volatility as they recover from inflated prices during the boom and bust cycles, but also in hundreds of smaller markets whose experiences have been quite different.
Publisher: Real Estate Economy Watch
Date: October 2014
Format: White Paper