The housing market continued to strengthen over the past two months, according to the Federal Reserve's new Beige Book released Wednesday afternoon.

“Residential real estate markets strengthened in nearly all (12 Federal Reserve) districts and home prices rose amid falling inventories across much of the country,” the March Beige Book says.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry