Markets & Economy

Home price growth cools, but is ‘unsustainable and unhealthy’ in some large markets

NAR: Existing-home sales down 6.6 percent in first three months of 2014
Published on May 12, 2014 | Updated on Jun 4, 2014

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by CareyBot

Home prices rose more moderately in the first three months of this year than in the previous quarter, but tight inventory has pushed up prices to an “unsustainable and unhealthy” level in some large markets, according to a report from ...