LPS: Home prices could skyrocket 35% without affecting affordability

House prices in the US real estate market are about to skyrocket. Over the past 4 years, property prices have been growing steadily and many reports suggest an ongoing trend.. According to the CoreLogic Home Price Index and Forecast, housing prices shot up in May by 7.1%, the largest year-over-year growth in the US real estate market since June 2014!

 · LPS: Home prices could skyrocket 35% without affecting affordability | HousingWire. Home prices could rise 35% without stretching affordability, said Raj Dosaj, vice president of the behavioral library and home price index at LPS Applied Analytics.

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 · Economist Makes Bold Statement on Home Prices. Daily Real Estate News | Friday, March 01, 2013. home values could surge 35 percent without stretching housing affordability, Raj Dosaj, vice president of the home price index at LPS Applied Analytics, said during a recent webinar hosted by HousingWire.

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U.S. Inflation Rate Forecast Looks Ominous. The U.S. inflation rate forecast for the next five years shows signs of overheating. This could portend bad news for a U.S. consumer who is sensitive to both purchase power and interest rates.

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