Tag Archives: Housing

Tight Housing Inventory Restraining Home Sales, But Builders May Shift Emphasis to Entry-Level Market

October 26, 2016 For-sale housing inventory fell to a decade low during August, and limited housing stock along with strong demand for homes are beginning to encourage home builders to shift their focus from larger, luxury homes to smaller, entry-level housing. This change could provide some relief to the supply-constrained housing market, though a larger […]

Housing Double-Dip Remains A Substantial Drag On Economy

June 24, 2011 The U.S. housing market has fallen into a double-dip slump after last year’s stimulus-driven stabilization and will continue to weigh on the pace of economic recovery through the coming year. Housing-related output has fallen dramatically since the bubble burst in late 2006, detracting an average of 70 basis points from quarterly GDP. […]

U.S. Economy Gaining Ground, But Housing Market Remains A Drag On Broader Recovery

April 8, 2011 The U.S. economy made significant headway toward recovery in recent months, with job growth and retail consumption both charting substantive gains. Challenges in the housing market, however, remain a drag on the broader economy. Despite increased affordability, attractive mortgage rates and the strengthening employment outlook, home sales continue to languish at a […]

Home Sales Fall as Homebuyer Tax Credit Expires; Increases Stress on Already Slowing Economy

August 27, 2010 Following the expiration of the homebuyer tax credit, sales of both new and existing homes fell dramatically in July, demonstrating the challenges faced by the housing market as it transitions away from government-stimulated purchases. Buyers who rushed to place homes under contract prior to the April 30 expiration of the tax credit […]