As we look ahead at what 2016 has in store for housing and the economy, we wanted to share a quick look at the state of the housing market as it stood at the close of 2015.

Jonathan Smoke, chief economist of realtor.com, shared his thoughts on the current status of the nation’s housing market in a recent article titled “The Housing State of the Union: We’re Back, Baby!” “Once the final data on 2015 are complete and tabulated,” he shares, “I’m pretty sure that we’ll see that it was a great year of growth and improvement—one that sets the stage for a return to normalcy in the months and years ahead.”

Do you agree with Jonathan’s synopsis of the 2015 housing market? Are you seeing the trends he outlines in your local market? Let us know on Facebook or Twitter!

Image via Realtor.com