US Housing

US Housing Market Update

14 July, 2017

Cautious appraisals holding down house price growth

Experience suggests that with housing market conditions so tight, house prices should be rising considerably faster than their current rate of around 6% y/y. One reason why they are not may be that cautious home appraisals are limiting the degree to which keen home buyers can up their bids to secure one of the few homes on the market.

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