In Hot Housing Markets, Are Investors Fanning Flames?

Photograph by John Moore/Getty Images

Home prices are on fire, according to new data today from the S&P/Case-Shiller index. Home prices made the largest 12-month gain since April 2006, with prices up 10.9 percent from March 2012. The sharp gains have fanned fears that we might be seeing another bubble, so we thought we’d look at one facet of the market: the role investors are playing.

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