Can Housing Prop Up The Retirement Stool?

Can Housing Prop Up The Retirement Stool?

According to the June edition of the Housing Scorecard, a healthy housing recovery is well underway.

The signs of a rebound are clear in the winning combination of:

  • Double-digit gains in home sales
  • Declining number of foreclosures
  • Strong growth in home equity

Purchases of new homes are at their highest level since May 2008 and home sales were up by 16.9% across the board compared to May 2013.