Summary List Placement
Housing data is hitting levels unseen since 2006 in at least three different ways, begging the question of whether this is another bubble. Experts say this isn’t that — it’s economics.
Another housing bubble 15 years after the last one would be very bad news, as the epic pop of that market in 2008 threatened the stability of the entire global financial system. But while today’s price inflation is similar to then, the drivers behind this market rally look different.
Nationwide home prices grew 12% year-over-year — their fastest pace since 2006 — this past details ⇒
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