A home for sale in Glenview, Ill. Existing-home sales hit the highest level in more than 3 years in February. But not everyone is convinced that the housing sector's momentum has staying power.
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Brickell CityCentre is a new project that includes retail, offices and two condo towers. In all, some 19 condo towers are going up in downtown Miami, just seven years after the housing market crash.
A sign hangs outside a house in Miami in 2010. Currently, Florida's foreclosure legal process can take a couple of years, which critics say is hurting the housing market.
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New homebuilding reached a 4 1/2 year high in December, welcome news for an industry that lost 2 million jobs during the downturn. Despite those job losses, the sector is experiencing a labor shortage in some parts of the U.S.