In the most recent edition of the National Association of Home Builders’ (NAHB) biweekly newsletter, Eye on the Economy, NAHB chief economist Robert Dietz provided a housing industry overview that found weaker demand is causing home prices to fall. Pointing to the recent stabilization in mortgage interest rates and an anticipated tighter monetary policy from […]

As the effects of shutdowns weigh on the U.S. economy and unemployment heads for levels that could exceed the Great Depression, leading economists say some minor improvements could arrive in third quarter 2020. As relief measures expire, however, fourth-quarter 2020 will likely bring another hit, they warn, before the economy limps off to a recovery. […]