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The Long and Winding Recovery

The Long and Winding RecoveryZillow’s second quarter Real Estate Market Report shows national home values rose 6.3% on a year-over-year basis from June 2013 to $174,200.  The last time national home values were at this level was back in March 2005.  (Housing prices peaked in 2006.)

Rents were up 2.5% on a year-over-year basis.  The Zillow Home Value Forecast calls for 4.2% appreciation nationally from June 2014 to June 2015.

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