The seemingly unstoppable US housing boom continues unabated with activity at high levels and
prices rising sharply
.
.
There are some disturbing parallels emerging, however, between the
boom in the US and the later stages of the housing bubbles in the UK and Australia. These
similarities suggest to us that the US boom may be entering the finishing straight
House prices have increased by just over 50% in the past 5 years, and by
12.5% in the past year alone.
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