The improvement in housing market activity has not only put a floor under house prices, but, in recent months, has driven them higher. With the big caveat that much depends on how severe the effects from the euro-zone crisis on the US economy eventually turn out to be, this suggests that the chances that house prices will end the year higher than they started it have increased.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.