Apr
25
Bouncing Back: The Recovering Housing Market
The collapse of the U.S. housing market helped drive the economy into the worst recession since the Great Depression. Unlike previous recessions, however, the housing sector lagged as the broader economy began to grow, holding back what might have been a stronger recovery.1
That may be changing. Residential fixed investment — a measure of private home purchases — has contributed to the growth of gross domestic product (GDP) for seven consecutive fiscal quarters, and U.S.
That may be changing. Residential fixed investment — a measure of private home purchases — has contributed to the growth of gross domestic product (GDP) for seven consecutive fiscal quarters, and U.S.
