The U.S. Housing Market’s Road to Recovery

2017-04-15T13:34:47-04:00August 1, 2013|

Jarkko TurunenBy Jarkko Turunen

(Version in Español)

A year ago, we were very concerned about lingering weakness in the U.S. housing market, which we saw as a major obstacle to the economic recovery.

But what a difference a year makes! As our latest report on the U.S. economy points out, the housing market recovery has been stronger than expected, and is providing a significant boost to private domestic demand and economic growth.

What has changed in the last 12 months? House prices have rebounded sharply and are currently about […]