Confidence in the US housing market grows by Andrew Morrell June 12, 2019 Two recent measures of Americans’ confidence in the national housing market improved in the last month, showing that more homeowners as well as consumers are generally feeling more optimistic about this key segment of the U.S. economy.
Overall, predictions and outlook for the US housing market are positive. That’s because the US economy is on its strongest roll ever, bolstered by lower taxes, improved trading agreements, growing american confidence, happiness, comfort, freedom and the American dream has been kindled again.
Nahb Housing Market Index in the united states averaged 50.37 from 1985 until 2019, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009. Nahb Housing Market Index in the United States is expected to be 65.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
The US rental property market is a growing chunk of the now estimated 7 trillion global real estate market which accounts for 60% of all mainstream assets. The rental property market is less than half of the $36+ Trillion US Real estate market, yet for small property investors it’s a fertile paradise.
WASHINGTON: US. consumer confidence fell to a 21-month low in June, Growing risks to the economy, especially related to the trade war.
US stock market performance was excellent in 1st quarter. Major economists reporting very positive results including jpmorgan chase & Co: upwardly adjusted their forecast U.S. real GDP estimate up .9% to an annualized rate of 2.9% for 1st Quarter, 2019. Bloomberg: US retails sales jumps 1.6% to highest level in 2 years.
Consumers were upbeat about the housing market in January, according to the National Housing Survey released by Fannie Mae this week. After expressing some pessimism about the market in December.
As the housing recovery continues, Americans are growing more confident in the. overall confidence in the U.S. housing market is up, driven by a perception of.
Here are the top trends that real estate experts, analysts, and economists expect to come in the 2019 US housing market. US Housing Market Predictions: The Economy Is Growing Healthy. When studying a real estate market to forecast where it’s going, the first thing you’d look at is the market’s economy.