Housing and Economic Research
Original research and analysis on housing trends, the economy and the mortgage market
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Multifamily Outlook | July 26, 2017
Multifamily 2017 Mid-year Outlook
As expected, the multifamily market remained strong in the first half of 2017 as it continued to moderate from the cyclical peak. More
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Insight | July 19, 2017
If Housing Is So Affordable, Why Doesn't It Feel That Way?
Don't take my word for it. The Housing Affordability Index (HAI) developed by the National Association of Realtors (NAR) and published on the HUD website backs me up... More
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Insight | June 27, 2017
Will the Hispanic Homeownership Gap Persist?
This is the American story. A wave of immigrants arrives in the U.S. Perhaps they're escaping religious or political persecution. Perhaps a drought or famine has driven... More
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Forecast | June 23, 2017
Housing Remains a Bright Spot for Economy
The economic picture remains much the same as in recent years. After revisions to consumer spending, real gross domestic product (GDP) growth in the first quarter... More
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Forecast | May 24, 2017
Housing Gets Off to a Good Start
Despite weak economic growth, housing got off to a good start in 2017. This is in part because interest rates have been a bit of a surprise, drifting down since March. More
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Forecast | April 18, 2017
Where Have All the Houses Gone?
Tight housing inventory has been an important feature of the housing market at least since 2016. For-sale housing inventory, especially of starter homes, is currently... More