Housing Market on Track for Best Year Since 2006

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According to a new report published by Realtor.com on Thursday, the housing market is currently on track to have its best year since 2006.

As we reach the midpoint of 2015, the site credits job growth for “powering the surge in demand for homes,” as more than 1 million jobs have been created over the last 12 months for 25- to 34-year-olds alone. And that age group, of course, is when most Americans buy their first home.

Unlike 2006, however, reporter Jonathan Smoke predicts that this year’s peak is not a bubble – and that’s a good thing.

Image via flickr/James Thompson

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