3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
W S
Investments / The Ticker

Housing to play a significant role in economic expansion

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

Interesting new paper here from UCLA’s Ed Leamer in which he argues that housing is the business cycle as it plays a prominent role in the conduct of monetary policy:

“Of the components of GDP, residential investment offers by far the best early warning sign of an oncoming recession. Since World War II we have had eight recessions preceded by substantial problems in housing and consumer durables.



Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus