The macroeconomic outlook remains remarkably stable. Real GDP grew 2.6 percent (SAAR) in the second quarter, but that jump in growth just compensated for the... More
We're halfway through 2017 and macroeconomic conditions are essentially unchanged from the last couple of years. More
As expected, the multifamily market remained strong in the first half of 2017 as it continued to moderate from the cyclical peak. More
The economic picture remains much the same as in recent years. After revisions to consumer spending, real gross domestic product (GDP) growth in the first quarter... More
Despite weak economic growth, housing got off to a good start in 2017. This is in part because interest rates have been a bit of a surprise, drifting down since March. More
Tight housing inventory has been an important feature of the housing market at least since 2016. For-sale housing inventory, especially of starter homes, is currently... More
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