Pantheon Macroeconomics - We have been asked how we can justify raising our growth forecasts but at the same time arguing that the housing market is set to weaken quite dramatically, thanks to the clear downshift in mortgage applications in recent months. Applications peaked back in June, so this is not just a story about the post-election rise in mortgage rates.

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28 November. 2016 The Housing Slowdown Next Year Will be Offset by Fiscal Easing

By Ian Shepherdson

We have been asked how we can justify raising our growth forecasts but at the same time arguing that the housing market is set to weaken quite dramatically, thanks to the clear downshift in mortgage applications in recent months. Applications peaked back in June, so this is not just a story about the post-election rise in mortgage rates.

Posted: 28th Nov 2016 in 'U.S. Documents'

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Keywords for: U.S. Documents | 28 November. 2016 The Housing Slowdown Next Year Will be Offset by Fiscal Easing

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