November-December 2017: The Feel-Good Stories of 2017 / by VEONDA GARDNER

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A glimpse at the current state of the housing market.

Job growth is boosting the economy and housing demand, but sales are hemmed in by low inventories in many parts of the country. When houses go on the market, they’re selling fast. Tight demand is sending prices up, at a rate of about 6 percent a year, far outpacing wage growth. As that gap widens, more households will be priced out of the market...

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