Archive for the ‘Housing’ Category

Home Price Trends–Recent and Since their Peak

November 8th, 2012

I’m still cogitating on election outcomes and will have more to say soon, but for now, just a quick look at the slowly but I think surely recovering housing sector. The two figures below convey a few important points.  First, home prices are rising steadily, about 5% over the past year, according to CoreLogic.  Second,… Read more

Housing Was a Huge Headwind; Now It’s a Small Tailwind

October 24th, 2012

From the GS research group, a handy chart showing the impact of housing on real GDP growth, broken down into three parts: –investment in homes, a component of GDP, so this impact is direct; –the impact of housing wealth on consumer spending; –the impact of mortgage equity withdrawal on consumer spending. A few observations: –housing’s… Read more