Housing is not quite as important as the Fed sometimes seem to think, said Ian Shepherdson, Chief Economist at Pantheon Macroeconomics. The Fed seems to be as much obsessed with housing as much the labor market, but it’s not necessary for housing to keep charging upwards for the rest of the economy to grow. It’s a relatively small share of …
One Man’s Opinion: Will The Housing Market Recover In The Next Three Years?
The US housing market continues to be on the mend and 2012 may go down as the year when housing prices came back to life. Trulia Inc’s Jed Kolko says the numbers will continue to improve and the latest Case-Shiller number seems to back up his claim, as housing prices across 20 cities rose the most in two years in …