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April 29, 2014 11:12 am
In a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:
- Home sales are up 13% since their low point.
- Housing starts are up 50% since they bottomed out.
- House Prices are up 16% since their trough.