Seemingly endless demand and low supply have driven record-breaking home value appreciation over the past year, Zillow’s® latest Market Report shows. April pushed the envelope even further: Annual home value growth for a typical U.S. home is 11.6%, the highest seen since 2005.
Today’s rapid rise in prices may recall that of the mid-2000s, stoking unfounded fears of another overheated market. Google searches for “housing bubble” reached their highest point in nearly three years in April....
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