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Is housing the economy’s saving grace?

Posted by   /  October 28, 2019  /  No Comments

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In the face of slowing growth and lingering trade tensions, commentary from CNN states that the U.S. economy needs housing to continue improving to “keep the current recovery alive.”

The National Association of Home Builders reported earlier in October that builder sentiment is at its highest level since February 2018, and this year’s increase is the biggest 10-month change in more than six years.   

“The housing rebound that began in the spring continues, supported by low mortgage rates, solid job growth and a reduction in new home inventory,” said Greg Ugalde, NAHB Chairman. 

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  • Published: 4 months ago on October 28, 2019
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  • Last Modified: October 29, 2019 @ 1:35 pm
  • Filed Under: Economy, Real Estate
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