How much longer can the U.S. housing market grow at this amazing rate?
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Nothing seems to stop the U.S. housing market. House prices continue to rise; demand is strengthening, and residential construction activity is also rising.
During the year to April 2016, the S&P/Case-Shiller seasonally-adjusted national home price index increased 5% (3.3% in real terms), slightly up from a y-o-y rise of 4.3% a year earlier, according toStandard and Poor’s. The seasonally-adjusted purchase-only U.S. house price index from the Federal Housing Finance Agency (FHFA) rose 5.9% (4.6% in real terms) y-o-y in April 2016.
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