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Housing Hiatus?

Weekly Economic Commentary

September 29, 2014 - We continue to expect housing may add to GDP growth in 2014 and for the next several years as the market normalizes following the severe housing bust of 2005 – 2010.

Housing affordability and supply, and the supply and demand for home mortgages, will likely determine the pace at which housing increases GDP growth in the years ahead.

The inventory of new and existing homes for sale as a percentage of total households has never been lower.

 

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