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Transcripts for CNN CNN Newsroom 20130730 17:37:00

it s more evidence of a strong housing recovery. home prices jumped in may. prices up around 20% in the past year. 20%, wolf in san francisco, louisiala los angeles, las vegas. it s a good time to be selling a price. should you be buying a house, there s not a lot of supply. some zip codes support bidding wars. it s a good time to buy. yes, buy now. what does this mean for people? it s at a historical low. that s affordable. prices as you point ee eed mults are recogniising. there s a high number of all cash deals. a lot of overseas investors swooping up real estate in this

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