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Growing Buyer Demand and Tight Supply for US Housing

Bloomberg Businessweek

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The Worst Is Over for Home Prices in the US

US home sales advancing in May to the fastest pace in over a year. Home prices are still down a little bit year over year, which is a pattern we've had for last few months with small monthly increases but still down a tad. It's amazing to me though that we're not going to go back down from here.

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