Housing recovery to be uneven - study

The housing market will probably rebound over a five-year period, a new study predicts, but the recovery will be uneven.

The report, which was compiled by the Demand Institute think-tank, projected that in 50 large metropolitan areas, prices will rise in the top five regions by an average of 32% from 2012-2018 but only by 11% in the bottom five.

Cities that are expected to experience the biggest increases in the median price of previously owned single-family homes are Memphis, Tampa, Jacksonville, Milwaukee and St. Louis. The cities where growth will be slowest are Washington DC, Oklahoma City, Denver, Minneapolis and Phoenix.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs