MarketWatch reports that the housing recovery is uneven across the U.S.
“While national headlines boom that annual home-price growth kept up a fast, though moderating, pace at the start of this year, data details released Tuesday morning illustrate just how uneven the recovery is across the U.S.,” MarketWatch reports.
Read the MarketWatch article: Housing market’s pricing recovers unevenly across the U.S.
Going forward, markets may even out.
“We look for the broad-based recovery in prices to continue placing housing markets on a more balanced footing later in 2014,” Gennadiy Goldberg, U.S. strategist at TD Securities, wrote in a research note.