All Posts Tagged: winter

U.S. Outlook: The housing sector still on solid ground

Scott Anderson
Chief Economist

Despite a disappointing new home sales report for January, the U.S. housing market is poised for continued gains in the months ahead.

Graph showing recent upward trend in existing home sales.Winter weather had an adverse impact on recent data, but it’s too early to call time on the housing market recovery.

For more economic analysis, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Feb. 26.

Key observations:
  • According to the NAR, existing home sales crushed analysts’ expectations and signaled that the sector will continue recovering in 2016.
  • We believe the January setback in housing starts data was mainly weather-induced.
  • Perhaps the clearest indicator of improving housing demand comes from the mortgage purchase applications data.
  • We expect a 10.2% increase in total housing starts in 2016.
Click here to read my full report. Read More ›

Instant Analysis: Advance GDP estimate for Q4 2015

Scott Anderson
Chief Economist
Large cargo ship leaving Asian part with city skyline in the distance on a sunny day with fluffy clouds in background.

The composition of U.S. growth in the fourth quarter was as mixed as we thought. 

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In the Market: Your sign and your home preference

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
Young couple discussing their choice with a woman holding a tablet for them to see.

Does your zodiac sign have a relation to your preferred housing situation?

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In the Market: Surprising data on rent spending

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
View of several high-rise apartment buildings, as seen from a high altitude.

Owning a home may now be twice as affordable as renting in some markets, according to a new Zillow report.

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In the Market: Home hunting in the winter

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
Nicely staged sitting room of open house, with glass doors looking onto a snowy yard.

You may find the home-buying process more efficient and enjoyable during the fall and winter.

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