Homeownership rate drops to 48-year low

Homeownership rate drops to 48-year low

Despite record sales, fewer Americans own homes

Case-Shiller: Home prices continue rising in May but stall on monthly basis

First-time buyers still weak; Growth to slow over next 2 years

Weiss Residential: Here's where the next housing crash will start

Nearly half of homes in top markets losing value
W S
Investments / The Ticker

Fed's low rates are key to housing recovery

/ Print / Reprints /
| Share More
/ Text Size+

Nobel Prize-winning economist Paul Krugman said the Federal Reserve must keep interest rates low to sustain the U.S. housing recovery.

“We have the beginnings of a housing recovery, it’s just starting to kick in," the Princeton University economics professor said. "If the Fed were to raise rates, they would kill that."

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus