Size matters: tracking the economy through new-home square footage
Posted: Fri May 24, 2019 7:35 am
MarketWatch - 5/24/2019 - Andrea Riquier - The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed, but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly. That’s why economists closely watch housing market indicators like sales volumes and home prices — as well as how Americans are accessing the market and managing their obligations to mortgages, rental costs, taxes, and so on. Read more @ https://www.marketwatch.com/story/size- ... 2019-05-24