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Price Predictions

Home prices in the San Francisco area as of April have risen a wild 47 percent from the same time back in 2012 according to the latest S&P/Case-Shiller Home Price index. April was the first time in 13 months that the housing market grew by less than 20 percent year-over-year, but they still rose 18 percent. Most economic cycles last between five and seven years, and we're only about three years into the current boom. [SF Business Times]