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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