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Despite some contrary media reports and some moderate losses in value in the short-term, home values long-term have and will continue to rise. Real estate is a long-term investment.
Over the past 30 years, the median price of existing homes has increased an average more than 6 percent every year, according to historical data from NAR's existing home-sales series. Thanks to the power of leverage, a homeowner's return on investment is even more impressive over time.
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