The Improving Economy's Effect on the 2015 Housing Market in the US

It appears that the days of unaffordable housing are nearing their end.  Experts say that recent economic growth has caused improvement in the housing market as well.  In fact, they optimistically predict that the housing market should reach a near-full recovery by the year 2017.

The National Association of Realtors (NAR) recently released the following information:

• Existing home sales in May hit their highest point since 2009
• New home sales hit their highest point since 2008
• Permits to build new homes hit their highest point since 2007
• Pending permits to build new homes hit their highest point since 2006

http://www.worldpropertyjournal.com/real-estate-news/united-states/us-economy-data-for-2015-lawrence-yun-nar-midyear-housing-market-report-national-association-of-realtors-rising-mortgage-rates-consumer-confidence-household-income-9208.php

With this information, and the fact that housing prices are on the rise, we have clear evidence that the housing market is making a slow, but steady recovery.  To learn more about what this means for you, read my article "The Improving Economy's Effect on the 2015 Housing Market in the United States".

The Recovering Housing Market

Experts say that because of the improving economy the housing market should recover by 2017.  Read more about it in my article!