Home values are creeping closer to records, much to the dismay of consumers who have missed out
By Steven Russolillo | The Wall Street Journal
Millennials have benefited the least from today’s strong housing market. A likely slowdown won’t help either.
By some measures in the U.S., there has never been a better time to own a home. Wages are rising, unemployment is falling and interest rates are hovering near record lows. That has helped boost home values, a trend that will likely be evident in data out Tuesday.
