Housing Market: America’s priciest neighborhoods are taking it on the chin but not on the First Coast


The U.S. housing market rebounded in August with a surge in existing home sales and building permits to add new inventory. Too bad the acceleration stopped just short of America's wealthiest neighborhoods.

A Business Journals analysis of nearly 16,000 U.S. housing markets highlighted value increases across a broad swath of the country, with some 80 percent of ZIP codes seeing year-over-year appreciation through the end of August. The uptick followed a disappointing spring that dragged through July…

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