Here at Town & Country, we have gone so far as to predict the housing market will be the primary driver to a healthy US economy.
As we report monthly, the Case-Shiller report studies 20 major metropolitan areas throughout the country for a year over year analysis.
Home prices rose 5.5% in November 2012 compared to November 2011. In fact more than 50% of the cities in the report had year over year increases in excess of 7%.
Phoenix registered the greatest gain of 22.8% !
November’s increase was the strongest increase since the peak of the housing boom back in August 2006.
The American Dream is wide-awake!
ARE YOU IN?