A Housing Pullback In 2017?
According to data compiled by the Federal Reserve Bank of New York, the 10-year term premium moved above zero for the first time in 10 months on the 14th of November, less than a week after Mr. Trump’s surprise Electoral College win. This means investors were quickly being forced to pay significantly more for a risk-free Treasury note than would at the time have been expected given prevailing expectations on both inflation and real interest rates – all within days of the election.
About author
You might also like
Will 2017 Be a Good Year for the Housing Market?
The number of sales of existing homes this year is expected to reach nearly 5.5 million – the highest since 2006 – but inventory is down. According to real estate
15 Bold Predictions for 2015
John McManus from Builder Magazine makes 15 bold predictions for the homebuilding industry next year. A few of the more interesting ones – twenty plus homebuilder M&A deals, re-emergence of
Slight Slowdown in Sales but Continued Stability in California Housing Market
Existing home sales softened in May to 423,360 units from 427,880 in April. Nevertheless, the May number was 8.9% above the figure from May 2014 and represented the second highest
