Items Tagged with 'Housing Economy'

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Capital Economics: GDP growth likely to underwhelm in 2016

GDP rises 0.5% in 1Q
While some of the headwinds that restricted first-quarter GDP growth will disappear in the second half of the year, it would still take a lot to salvage GDP for the year. And as the Bureau of Economic Analysis cautions, the first-quarter advance estimate is based on data that is incomplete or subject to further revision.
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Pending home sales jump to highest level in nearly a year

Housing market to finally slowdown in the West Coast?
Overcoming several roadblocks in housing, including rising home prices and low housing supply, pending home sales managed to increase in March for the second consecutive month, reaching their highest level in almost a year. However, this positive news changes depending on the region.
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Here's the good news behind the volatile new-home sales data

February revised higher
New-home sales numbers from the U.S. Census Bureau can be extremely volatile. Rather than look at the core figures, several chief economists break down what the numbers mean for housing. While the numbers are not as bad as they appear, there are two caveats to be mindful of, according to Trulia's chief economist.
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Freddie Mac: Rough start to 2016 doesn't damper housing outlook

Projected to keep momentum in 2016
So far this year, the housing market has struggled to get itself off the ground, but according to an updated forecast report from Freddie Mac, housing is expected "to maintain its momentum in 2016 and be an economic engine of growth." Here are the new predictions for this year, including what to expect from mortgage rates.
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Housing starts are in, and economic experts couldn't disagree more

The 'volatile nature' of housing starts
Analysts' commentary on the latest housing starts for March range from 'impressive' to 'highly disappointing.' Housing starts are infamous for being volatile and portraying a muddy description of what is going on in the housing market. Which analysis do you find most fitting? Is housing steadily improving or becoming a real problem? Depends on who you ask, but it's all here.
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Fewer people filing for unemployment

Jobless claims fall by 9,000 filings
The latest jobs report from the Department of Labor gives a positive forecast for the market. Although initial jobless claims inched higher the last several weeks, they are still holding near record lows. And the declines are predicted to continue.
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