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U.S. sees soaring demand for build-to-rent housing.. Nomura Instinet downgraded several companies dependent on housing market growth Thursday, citing U.S.-China trade. 2019 ETF Daily News.
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Soaring Building Material Costs Set to Put Home Prices in Hyperdrive. The framing of homes, or putting up roofs and walls, accounts for 15 percent of the cost of construction. A composite measure of the cost of lumber for framing rose 16 percent from December to March, according to data from Random Lengths, a publisher of information on wood products.
Goldman Stunned By Collapse In Gasoline Demand: "This Would Require A US Recession". In the absence of a base effect, such a decline has only occurred in four periods since 1960 during which time pce contracted .". Goldman then adds that " to achieve the 5.9% decline suggested by the weekly data, our model requires PCE to contract 6%, in other words, a recession.".
Bradenton Beach : A Small Seaside City with Great Real Estate He described South Florida’s real estate market as “pessimists selling to optimists. whose company is doing work for the city of Miami Beach. “That’s going to drive the value down to zero, well.
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Economist: Housing slump overblown Talk of a pending recession spurred by a housing slump is greatly exaggerated by national media and could spur a self-fulfilling prophecy as the negative news is emphasized, the chief economist for the National Association of Realtors told local real estate agents today. "Paraphrasing Franklin Delano Roosevelt.
The story of inflation between 1996 and 2016 is of rising prices in things that you need: prices skyrocket for middle class goods and services. Well housing, your biggest expense is up by 61% and this is of course based on the owners’ equivalent of rent which is a poor measure of inflation in housing.
A new report on U.S. rental housing released Thursday by Harvard notes a slowdown in new construction after a decade of rapid growth. Rising rents continue to hit the poorest Americans hardest.