Real Estate Market: We’re Not in Another Housing Bubble

The housing market had a great year in 2013, with the last reading of the Case-Shiller housing index showing a more than 13% appreciation of home prices year-over-year. The rapid ascent in prices however, has some pundits worried that we may be in the midst of another bubble, especially in some regions of the country like California.

In fact, the co-founder of the Case-Shiller index himself, 2013 Nobel laureate Robert Shiller said on CNBC this week that “we’re sort of in the beginnings of another housing bubble.”

Read more: Real Estate Market: We’re Not in Another Housing Bubble | TIME.com

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