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Tag Archives: Economy

Housing Industry Remains a ‘Bright Spot in the Economy”

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Since the crisis the housing industry has been consistently expanding, but when the pace of growth lost a large amount of momentum in the final quarter of last year, on top of economists' predictions of slow growth, many in the industry are questioning if the expansion is beginning to expire.

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Fed Chair Yellen: Economic Risks May Deter Rate Hike Plans

In her testimony before the House Financial Services Committee on Wednesday when discussing monetary policy, Yellen pointed out factors that have weighed on aggregate demand, such as limited access to credit for some borrowers, weak growth abroad, and the dollar’s significant appreciation.

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Rising Home Prices not Enough to Offset Weak Spots in Economy

In the midst of what some are calling a global crisis—due to weaknesses in the energy sector and stock market combined with the effects of an overly strong U.S. dollar—home prices continue to move upward. Despite this however the housing sector is just not large enough to carry the weight of the world.

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