Homes appreciating at pre-bust pace

home-price-appreciation-300RIS Media

Homes have appreciated to pre-bust pace, with values rising at an annual rate of 6.5 percent as of November, according to Zillow’s recently released Real Estate Market Reports, with the Zillow Home Value Index (ZHVI) at a median of $192,500. The pace of growth is the fastest since the 2006 peak of the bubble, when homes were appreciating at an annual rate of 11 percent.

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