U.S. housing market remains surprisingly robust
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After five years of strong house price growth, the U.S. housing market remains strong. Demand is strengthening, and residential construction activity is rising.
The was a 5.83% rise in the S&P/Case-Shillerseasonally-adjusted national home price index during 2016 (3.71% in real terms). This came after y-o-y rises of 5.27% in 2015, 4.52% in 2014, 10.74% in 2013, and 6.47% in 2012, according to Standard and Poor’s.
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