The housing market has been rallying nicely since housing prices bottomed in late 2011. It is important to keep in mind that the housing bubble (from the early 2000's) helped create the 2008-2009 financial crisis and the housing market has been slowly recovering every since.
from Forbes Real Time https://www.forbes.com/sites/adamsarhan/2017/10/05/is-the-housing-market-rally-over-or-more-room-to-run/
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