What a Nobel Winning Economist Thinks About The Housing Economy
When a Nobel-prize winner shrugs his shoulders, and says, “I don’t know … ” to a question directly related to his field, it gives you pause.
Which is what economist, and Nobel winner, Robert Shiller is apt to do when you ask him what will happen next with the housing economy.
About author
You might also like
New Homes Sales Up
February new home sales data came in at 539,000 units. This marks a 7.8% improvement from the prior month and a 24.8% increase from the year ago period. While it
Prices and Sales Volume Up in Southern California
Year-over-year prices were up 6.2% in April to a median of $429,000 in Southern California. Sales volume climbed 8.5%. At the current pace, there is 3.6 months of inventory in
Mixed Signals in the New Home Market
A few recently released data points, indicate that there is continued choppiness in the new home market. Housing starts dropped in February from January’s figure primarily due to inclement weather
