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Capital Economics: What’s Keeping Home Prices from Rising Even Higher?
HousingWire, June 16, 2016–Swanson, Brena
Home prices have consistently increased by nearly 5% year-over-year for the majority of the past two years, but this percentage could be severely off according to a new report from Capital Economics. The report said given current housing conditions, past experience suggests that house prices should be rising at double their current rate of 5%.