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.