Home-Price Growth is Cooling, But Lackluster Wage Growth May Hold Back Sales

August 9, 2014 By In Uncategorized No Comment

The once blistering growth in home prices is starting to slow down, but a new report from Trulia shows that home and rentals prices still outpace wage growth substantially, holding back many Americans. “There are still big barriers to homeownership,” says Trulia Chief Economist Jed Kolko. “Average wages per worker rose less than 1% in

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