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The five-year housing market outlook, according to industry experts. ... Real estate forecasts for the next 5 years. ... experts to peer into their crystal balls and give us their real estate ...
The White House Council of Economic Advisers lowered its forecast for U.S. economic growth in 2008 from 3.1 per cent to 2.7 per cent and forecast higher unemployment, reflecting the turmoil in the credit and residential real-estate markets. The Bush administration economic advisers also revised their unemployment outlook and predicted the ...
Year-end: A total of 3,957,643 foreclosures were filed on 2,824,674 properties during the year, up 21 percent from 2008. More than 2.21 percent of all households were in some stage of foreclosure during 2009, up from 1.84 percent in 2008. [99]
Median cost to purchase a home by U.S. state Median cost to purchase a home by U.S. metro area Fig. 1: Robert Shiller's plot of U.S. home prices, population, building costs, and bond yields, from Irrational Exuberance, 2nd ed. [1] Shiller shows that inflation-adjusted U.S. home prices increased 0.4% per year from 1890 to 2004 and 0.7% per year from 1940 to 2004, whereas U.S. census data from ...
Over the past few years, the housing market has been -- to put it in terribly non-technical terms -- all over the place. During the peak of COVID-19, we saw interest rates plummet and home ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
For example, homeowners who bought real estate in 2019 have seen a wealth-generating benefit of roughly $158,000 — while renters during that same timeframe have cumulatively lost $89,000, the ...