• Housing and Recessions

    1 month ago - By Calculated Risk

    Now that new home sales have reached a new cycle high , I'd like to update a couple of graphs in a previous post .
    For the economy, what we should be focused on are single family starts and new home sales. As I noted in Investment and Recessions "New Home Sales appears to be an excellent leading indicator, and currently new home sales are up solidly year-over-year, and this suggests there is no recession in sight."
    For the bottoms and troughs for key housing activity, here is a graph of Single family housing starts, New Home Sales, and Residential Investment as a percent of GDP.
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  • Homeownership likely to rise due to aging population: Study

    Homeownership likely to rise due to aging population: Study

    1 month ago - By Inman

    Nonetheless, many renters doubt they'll ever own a home, according to a survey by the New York Federal Reserve.
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  • Working from home is now more prison-like than ever!

    1 month ago - By Fast Company

    Would you buy a couch cubicle for your home?
    At least 5% of Americans work from home now, and 70% of people globally work from home at least once a week. Telecommuting certainly has its benefits, but work-life balance can be tough, especially for those of us who live in ever-shrinking apartments without dedicated office space.
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