Appreciation Today Is Mirroring the Pre-Recession Sprint

Appreciation currently is at its fastest since June 2006, just ahead of the downturn, according to the April Zillow® Real Estate Market Report.
Nationally, the median price is $215,600, growing at an 8.7 percent rate year-over-year, according to the Zillow Home Value Index (ZHVI), a gauge of median prices.Before the bubble burst, prices were rising 9 percent year-over-year. In a separate survey by Zillow, experts in housing predicted a recession will start in 2020.
“Home values are ris