Residential housing investment rebounded in the final quarter of last year and looks set to grow at an even faster pace this quarter, thanks to a surge in housing construction. While that will provide another boost to quarterly GDP growth, weakening conditions in the resale housing market, highlighted by the recent slump in both sales and listings, is a chilling warning sign.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services