Vol. 3, No. 4, 1977

Bull Market in Homes
Last Updated: 07/27/77
Financial counselors have long advocated home ownership as a prime investment for the typical family. The wisdom of this advice has seldom been demonstrated so conclusively as in the past two years. Both starts on new single-family homes and transactions in existing homes have been at a record pace in recent months, and prices have increased sharply—much faster than the general price level.