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News Link • Economy - Economics USA

US Home Prices up 9.3 Percent

• arclein
Steady home price gains can help drive the housing recovery. Higher home prices encourage more people to buy before prices rise further. They can also entice more homeowners to sell by making them more confident they’ll get a good price. In addition, higher prices raise the equity people have in their homes, which makes selling more profitable.

1 Comments in Response to

Comment by Don Duncan
Entered on:
Home prices don't need to "recover". They are not sick. The lower they go the better for consumers. The higher they go more people are priced out of the market. Robert want us to believe that rising prices increase buying and selling. He can't have it both ways. It's either a "buyer's market" or a "seller's market". The present rise is temporary. Thanks to the govt.'s subsidy of the banks holding the glut, the surplus is being held off the market. Free market forces have been subverted by govt. A new bubble is forming.


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