Capital Economics

The leading macroeconomic research consultancy

US Housing Market Update

Regular short commentaries on major news or events in the housing market, such as house price developments, the level of mortgage borrowing, reactions to news in the construction sector.

Sample - Households less willing and less able to buy

Browse articles

Articles
Foreclosure procedures offer clues to State-level outlookTwo leading indicators that reinforce price stabilisation pictureFed content to play waiting gameLumber prices don’t undermine case for construction recoveryPrincipal reductions useful, but no silver bulletHigher mortgage rates won’t extinguish the housing recoveryMake no mistake; the housing recovery is well underwayFed remains cautiousConflicting aims of REO and mortgage fee-raising policiesMulti-family starts will outperform again this year
Robo-signing settlement doesn't change the big pictureREO to rental programme could be the best housing fix so farFed's anticipates that rates are on hold until late 2014Obama retunes his HARPRobo-signing settlement will not be a game-changerEarly signs that mortgage credit conditions are looseningClash between Fed and Congress to limit action on housingThe end of the US housing downturnFed stands pat for nowShadow inventory to keep supply high for foreseeable future
Fed in wait and see modeLow demand constraining sales, not low supplyHouseholds less willing and less able to buyFed action will do little to boost economyWidening refinancing scheme won't help muchFHFA's new house price index still falls shortFed's longer low rate pledge won't change muchDon't fret over expected downward revisions to home salesLower loan limits won't be a disasterHomes at the low end of the market still most vulnerable
Fed biding its timeOutlook for condo prices not as bleakFed in no hurry to tighten policyFed likely to complete QE2 as plannedCash won't be king for foreverFour obstacles to housing finance reformHigher mortgage rates doing little to dent affordabilityFed biding its timeFed sticks to its gunsFed's Survey shows no evidence of loan rebound
Fed's QE2 is no game changerQE2 still looks distantBernanke offers no hint of further stimulusFed on hold until 2012Fed on hold for some considerable timeFed no nearer to first rate hikeBernanke defends Fed's actionsFed holds steadyFed offers no hint of a change in policy