News for Economic

Wednesday, May 08, 2019
Housing has generally underperformed thus far in 2019, despite recent declines in mortgage interest rates. This is all the more concerning given that GDP growth for the first quarter (3.2%) exceeded analysts' forecasts, including NAHB's. Lagging housing construction is clearly connected to housing affordability declines stemming from the combination of interest rate effects and years of home price ...read more
Categories: Economic