“With the S&P CoreLogic Case-Shiller National Home Price Index rising at about 5.5% annual rate over the last two-and-a-half years and having reached a new all-time high recently, one can argue that housing has recovered from the boom-bust cycle that began a dozen years ago,”

(via Case-Shiller: Housing market now officially, completely recovered | 2017-01-31 | HousingWire)