Richard Newstead/Getty Images
- The housing market appears to be entering a recovery period, Charles Schwab said in a recent note.
- They say supply, price growth, and home sales all look to be improving from past conditions.
- "That comes with an important distinction, though: A recovery is not synonymous with a booming expansion."
The housing market is on a slow climb out of its affordability crisis, though time is still needed to properly relieve consumer pain, Charles Schwab said in a note on Wednesday.