Category: Housing

Housing Market Defies Economic Malaise as Home Prices Rise Again
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Housing Market Defies Economic Malaise as Home Prices Rise Again

Home prices rose 0.8 percent in the second quarter of 2020. Overall, prices are up 5.4 percent nationwide compared to a year ago. Investors are thinking about housing more than ever as further potential lockdowns loom. The U.S. housing market secured a modest advance in the second quarter of the year, experiencing a 0.8 percent…

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Could the Housing Market Save Capitalism as We Know It?
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Could the Housing Market Save Capitalism as We Know It?

While big-box stores are reveling in record profits, U.S. small businesses are floundering. One economist fears the small business crisis is a systemic threat to U.S. capitalism. Relief could come from an unexpected place: the housing market. A tale of two economies. A classic case of the haves and the have nots. A K-shaped recovery.…

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Has the U.S. Housing Market Become Recession-Proof?
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Has the U.S. Housing Market Become Recession-Proof?

The U.S. housing market has enjoyed stable price growth this year. Consumer interest in new homes remains high. Low supply and increasing buyer interest are making the market recession-proof. The U.S. housing market has held its ground impressively this year despite the economic fallout of the pandemic that has gripped the globe and sent millions…

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A Frightening Omen for the U.S. Housing Market
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A Frightening Omen for the U.S. Housing Market

As the housing market grapples with historically tight inventories, more construction is needed to arrest an affordability crisis. Unfortunately, U.S. construction spending just fell for a fourth straight month. Losses were especially steep in the homebuilding segment. Homebuilders face multiple headwinds that could stunt the housing market recovery. Monday may not have been an enormous…

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How the Housing Market Recovery Is Making Inequality Worse
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How the Housing Market Recovery Is Making Inequality Worse

It’s getting harder to find an affordable home in the United States. Home sellers are making big profits on their home sale. Millions of tenants could be evicted as they aren’t able to pay their rent. The pandemic has widened the gap between the rich and the poor in the United States. Inequality is particularly…

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The U.S. Housing Market Is Not Out of the Woods Yet
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The U.S. Housing Market Is Not Out of the Woods Yet

The U.S. housing market has avoided the economic upheaval so far. The recent spike in infections poses a cause for concern. Dwindling home buyer confidence could weigh on the market. The U.S. housing market has remained immune to the pandemic thanks to a short supply of residential properties and rising demand from people working from…

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