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[$$] The Housing Market's Rebound Is Far From Over

The U.S. housing market’s thunderous crash a decade ago helped bring the global economy and financial system to their knees. Abetted by a robust job market, low interest rates, and beneficial demographics, the nation’s housing market has been enjoying a Goldilocks sort of recovery—neither too cold nor too hot (with the exception of several coastal markets), but just about right. Given strong demand, insufficient inventory, and modest annual price gains, many industry experts see the recovery continuing for several years—unless mortgage rates unexpectedly spike, spoiling what has been a tame but enjoyable party.