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US jobs boom triggers rebound in housing market

Home sales at highest level since 2006; prices across major metro areas are up 30% from three years ago

New residential construction jumped 20% this spring and some analysts worry about another bubble in some strong markets.


THE resurgence of job growth in the United States is helping to power a rebound in the housing market, turning what was the hardest-hit industry during the recession into a highlight of the recovery.

Home sales are at their highest level since 2006, according to industry