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Tag Archives: Housing Market

GDP Growth Rises to 3.7 Percent for Second Q2 Estimate, But is the News All Good?

Q2's real GDP growth is consistent with the positive news for most housing metrics as of late. Existing home sales are at pre-recession levels, and in the July 2015 pending home sales report released Thursday by the National Association of Realtors (NAR), pending home sales were up by 7.4 percent year-over-year. Affordability and tight inventory remain obstacles to home sales, however.

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Zillow Promotes New Chief Economist

In her new role as chief economist, she will be the face of Zillow’s housing research as she continues to lead Zillow’s economic research team as it produces monthly reports on housing trends for more than 450 metros nationwide, as well as original research on the country’s most important housing topics.

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