The realtor.com Housing Market Recovery Index for the week ending June 13 reached 90.0 nationwide, up 1.2 points over the prior week and 10.0 points below the January trend baseline. The slight increase in this week’s overall index represents a 6.9 points increase over the 83.1 trough reached the week ending May 2. Nationally, this means real estate activity is inching closer to January trends and nearly half way through the path to a full recovery. A significant part of this resiliency can be linked to job growth in the technology sector.
Full Article here: Tech Hubs May Have the Edge in the Housing Recovery
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