House prices increased 9.7 percent year-over-year in January, continuing a recent trend, and prices show “no signs of an imminent slowdown,” according to Capital Economics. As of the fourth quarter of 2012, houses were undervalued between 1 percent and 5 percent compared to rents. Regardless, “house prices can keep rising for a good while yet,” according to Capital Economics, and in fact, rising prices will help prompt some homeowners to sell, helping to boost inventory, according to the firm.

To read the full article, please click on the link below.
http://www.themreport.com/articles/capital-economics-2013-03-13