New index reports housing market is healthiest in years

According to a recently-released forward-looking housing index by Nationwide, the U.S. housing market is at its healthiest level since 2001. The index’s current leading indicator score for the fourth quarter of 2014 was 109.8, the highest level in the 15 years of data already examined by the study’s authors. A reading of more than 100 suggests the national housing market is healthy and shows few signs of a housing downturn over the next year. 

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