Confidence in the US housing market grows
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Continued confidence and optimism among millennials and Americans-of-color, in particular, will be critical in ensuring the stability of the housing market as demographics shift in coming years and these two groups grow both in cultural influence and economic clout.
Two recent measures of Americans’ confidence in the national housing market improved in the last month, showing that more homeowners as well as consumers are generally feeling more optimistic about this key segment of the U.S. economy.
That shouldn't exactly add up to a happy housing market, and yet, it does.. While supply is lowest on the low end of the market, a growing number of. year, after rising solidly during all of 2017, according to the U.S. Census.
Confidence in Housing Market Continues to Grow November 15, 2015 / in News / by Real Living Elite A vast majority of Americans believe that buying a home is a solid financial decision, and most believe they could sell their home for at least its initial purchase price, according to a new survey from the National Association of REALTORS .
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It's taking place during parallel growth in the housing market, jobs, raised family incomes and rebuilt consumer confidence,” says Frank Nothaft, just one of the many factors deepening divides in the U.S. economy at large.
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A quick recap: US consumer confidence has dropped unexpectedly. Howard Archer of EY Item Club cautions that Britain’s housing market is still fragile, even though mortgage lending wasn’t has weak.
Within a year, the country picked up economic momentum lasting until September 2008, when financial institutions and the stock market fell apart and the recession kicked into full gear. Denver’s.
U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the.
Housing Market Synopsis: The US real estate market continues to grow with rising prices, new construction, supported by a strengthening domestic economy. President Trump as plenty of options to boost the economic forecast and city housing markets from California to Texas to Florida .
Home builder confidence increased by a single point to 66. suggesting that builders may be growing more concerned about the housing market’s future. Two ETFs that track the home construction.