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Housing Market Growing Faster Than Economy

Housing Market Growing Faster Than Economy

| Aug 02, 2013 | Housing Market

Home prices have soared across the 20 major cities in the United States. In May 2013, home sales jumped 12.2% from May 2012, the largest annual gain since March 2006. Many economists say the housing market is showing great signs of growth, but that does not always indicate that the economy is growing at the same speed. Experts have forecasted that, in 2014, residential investment will increase 10.3% while the overall economy is only expected to increase 2.2%. More here

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