The real estate story for 2017 is nothing new with prices up and demand outstripping supply. Without a significant surge in new building and affordable housing stock, the relatively high level of growth in home prices of recent years will continue in most markets. Although policymakers are increasingly looking for ways to address the lack of affordable housing, much more needs to be done soon to see a significant improvement over the medium term. Click Here for full Report.
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P.S. We use the same approach as appraisers.