How much further will home prices and rents have to rise to motivate more home owners to sell? Chief 
Economist Frank Nothaft asks the question in the mortgage giant's U.S. Economic and Housing Market Outlook for June. We're nearly halfway through the year, and single-family housing remains weaker than we projected six months ago, while multifamily appears to be right on track. With vacancy rates moving back in line with historical averages - even falling below historical averages in some markets - and for-sale inventories remaining tight. Still mortgage rates will remain low.
Economist Frank Nothaft asks the question in the mortgage giant's U.S. Economic and Housing Market Outlook for June. We're nearly halfway through the year, and single-family housing remains weaker than we projected six months ago, while multifamily appears to be right on track. With vacancy rates moving back in line with historical averages - even falling below historical averages in some markets - and for-sale inventories remaining tight. Still mortgage rates will remain low.
No comments:
Post a Comment