15.01.2013 - 6 surprising ways housing recovered in 2012
While the sluggish U.S. economy crept upward in 2012, the housing market improved at a much faster rate than anyone expected. Total home sales increased 6.3 percent in 2012, the largest increase since 2006. Overall, 4.2 million homes sold inching closer to the average of 5.5 million a year the country experienced before the crash. At the beginning of 2012, many experts thought the opposite would happen -- with so many foreclosures on the books and properties still underwater, many anticipated home prices would fall or remain stagnant...............................................Full Article: Source
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