Yun insight into housing and stocks

Yun insight into housing and stocks

The stock market woke up on the wrong side of bed this year, suffering a 10% correction. But home prices, another important asset for many families, look to be reaccelerating. The national median home price increased 7.6% over the past 12 months to December 2015. Other home price data show similar strengthening in their respective measures to either the fastest rise of the year or nearly so: the CoreLogic home price index increased by 6.3% in December while the less timely home price data from the Federal Housing Finance Agency rose 5.9%, and the Case-Shiller index rose by 5.8% to November. Read More