The single-family market is hot, with house prices surging in much of the country. Is the market a bubble?
If not, what is driving house prices higher? Are they sustainable, and if not what does it mean for the housing and mortgage markets and the broader economy.
Join Mark Zandi, Chief Economist; Cris deRitis, Deputy Chief Economist; and Todd Metcalfe, Senior Economist on June 22, 2021, as they discuss the housing market and its impact on the economy.
At first glance, it is understandable that some are worried about the health of the U.S. consumer.
Global supply chains have been badly scrambled since just after the COVID-19 pandemic struck more than two years ago.
Fannie Mae and Freddie Mac were created by Congress to provide a liquid secondary mortgage market to broaden access to homeownership.
The U.S. economy is flying through the different phases of the business cycle; we recently moved the economy from the recovery to expansion phase of the business cycle.
The U.S. and global economies have recovered surprisingly quickly from the debilitating COVID-19 pandemic.
The minutes from the December meeting of the Federal Open Market Committee showed the central bank believed the time to begin removing policy accommodation was near and that policymakers favor interest rates over balance-sheet reduction as the primary tool.
Omicron is substantially more contagious than previous variants of the virus that causes COVID-19, and even if it is much less virulent, it is already doing significant economic damage.
The Delta variant of the virus hit us hard this fall, costing more lives and doing more economic damage, this time by igniting long-dormant inflation.
Macroeconomic Consequences of the Infrastructure Investment and Jobs Act & Build Back Better Framework
In this white paper, we assess the macroeconomic impact of both the bipartisan infrastructure deal legislation and the reconciliation package of social spending and tax changes.
The nation faces a dramatic housing shortage, sending home prices and rents through the roof all over the country.