Home prices are increasing at a slower pace which many experts say is good for prospective buyers, as it keeps an increasing number of properties affordable longer. According to the S&P/Case-Shiller index, property values jumped 13.4 from the end of 2012 in 20 U.S. cities. The housing market is still well on its way to a full recovery according to economists. Michael Feroli, chief U.S. economist at JPMorgan Chase & Co said, “the housing recovery continues, but perhaps not as vigorously as it did in the first half of last year. Even so, appreciation trends still look pretty good even though they may not be as strong as they were.” More here
