Mortgage News

Housing Outlook Remains Weak While Labor Market Stays Strong

Another sign that labour market conditions have yet to tighten significantly is that real wage growth remains very weak in many countries. While this helped contain job losses during the crisis and was necessary in some euro area countries in order to regain competitiveness, it is now holding back a stronger recovery in consumer spending.

Housing Outlook Remains Weak, While Labor Market Stays Strong VNQ , IYR , XHB Fri, May 24, 7:06 AM American Institute of Economic Research 4 Comments Housing Collapse 2.0 Continues As.

Demand for single-family housing will remain strong in 2018, mirroring 2017. Positive job gains and attractive interest rates continue to bring buyers to the market. consumer confidence remains high as employment growth remains positive, interest rates continue to be attractive, and consumers continue to improve their balance sheets.

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Manufactured Housing REITs delivered another strong quarter in 1Q18. some form of government assistance. A tighter labor market and the potential for entitlement reform present risks to the.

Further, the country’s long-term growth outlook remains weak. Given the difficulty. improve competitiveness. While the government has yet to define its priorities under Ramaphosa’s renewed mandate,

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Economics: Continued Labor Market Strength amid Softening Growth Outlook; Housing: Despite a Disappointing 2018, There Is Hope for Existing Home Sales This Year; 01/18 Weekly Note . Economics: Consumers Feel Blue at the Start of the Year; Housing: Declining Mortgage Rates Boost Builders’ Confidence and Mortgage Demand; 01/11 Weekly Note

 · Manufacturing is struggling, the trade deficit is widening again and the housing market remains weak, partially offsetting strong consumer spending.

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Overall, a modestly hawkish commentary, with optimistic tone on wages and inflation, while lacking concern about market volatility and the recent market correction, hinting that as long as "outlook remains strong", rate hikes will continue, although as some banks have noted, there is "far from a strong endorsement of 4 rate hikes" instead.

growth remains below target rates for a strong rebound and the unemployment rate refuses to fall below eight percent. The housing market is starting to move in the right direction, with new home sale prices up slightly compared to the third quarter of last year, although those.

 · outlook remains positive due to the ongoing gains in the labor market. Housing demand remains strong due to demographics, income growth, and the recent decline in mortgage rates.