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The Housing Market Is Improving, but There Still Aren't Enough Affordable Homes to Go Around

The "great reset," continued. 
relates to The Housing Market Is Improving, but There Still Aren't Enough Affordable Homes to Go Around
REUTERS/David McNew

There's good news and some not so good news on the U.S. housing front.

Let's start with the good. According to the latest update to Zillow's U.S. Home Value Index, out Monday, the average nationwide home value as of June 2014 is $174,200. That's a peak that hasn't been seen since March 2005.