Housing News – April 11, 2017

Home prices appreciated by 1% in February and 7% year-over-year. CoreLogic forecasts home prices will rise by 4.7% in the year going forward.

Newly built homes have gotten pricier over the last 10 years, with most homes selling above $250,000. Builders blame regulatory burdens for the increases.

The most recent Census Bureau stats show town homes as the fastest growing segment of the single-family housing construction market, with a 17.8% surge.

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