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Housing’s growing recovery still a long way from normal

Posted on 11 February 2013

By most economic measures, the moribund housing sector seems to have turned a corner and is now firmly in recovery. For many homeowners, however, it may still feel like a statistical rebound because an improving housing sector is not the same as a healthy one.
Economists are broadly in agreement that housing is no longer weighing against economic growth and will actually be a positive contributor in 2013. That’s supported by most measurements of the housing sector, be they starts of new single-family homes, sales of existing homes, rising median home prices or shrinking foreclosures as a percentage of total sales………………………………………..Full Article: Source


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