Real Estate

This recovery looks like the real deal

According to TIME, the recent upturn in home prices looks like the real thing.

The people who are least well financed have been squeezed out, while demand is growing among people who can afford to pay higher home prices. If that trend continues – and there are good reasons to believe it will – a substantial burden will be lifted from the U.S. economy, writes TIME.

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3d rendering of a row of luxury townhouses along a street

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