Despite improvements in home values, Radar Logic continues to contend the factors underpinning the recovery will not lead to sustainable price gains.
In March, Radar Logic’s home price index, which tracks 25 metro areas, showed a 13.1 percent year-over-year gain.
Even with the double-digit gain, the data and analytics firm touched on several points to explain why the trend won’t last, with the main one being the temporary issue of limited supply.
To see the full article, go to http://www.dsnews.com/articles/index/report-forces-driving-up-prices-are-only-temporary-2013-06-03
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