Skip to main content

Housing market activity finally picking up

A surge in new home sales in April, which was only partly reversed in May, suggests that housing market activity is finally picking up. Activity is being supported by an improving labour market, very low mortgage rates and the gradual release of pent-up demand. But with inventory levels low, strong demand will also push up prices.


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


Get access