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Recovery in US housing market set to slow in 2013

Posted on 10 January 2013

There was a sustained housing recovery and the largest year on year gains seen in nearly two and a half years in the US in 2012, according to a new analysis report from Clear Capital. Its Home Data Index is forecasting continued, yet modest, gains for 2013 and predicting changes in those hard hit, resilient markets like Phoenix, Miami, and Las Vegas.
‘Overall the housing recovery still shows evidence of pushing ahead. National yearly price gains of 4.9% are strong,’ said Alex Villacorta, director of research and analytics at Clear Capital. ‘2013 should be interesting for the housing market, where national gains should continue to see upward growth but likely at a more modest rate………………………………………..Full Article: Source


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