Spring has sprung for the housing market. Even the Federal Reserve isn’t likely to spoil the fun. And even with the specter of another Fed rate increase looming, perhaps as soon as next month, housing’s foundation isn’t likely to be shaken. Steady job growth, rising wages and low interest rates have helped prop up housing demand. Friday’s positive report on U.S. existing-home sales underscored this.

Source: Wall Street Journal May 22, 2016 10:15 UTC