Economist Sees 'A Potential Rally' in the Housing Market
New home sales surging, new construction on upswing, home prices bouncing, enough for one economist to says housing market bottomed.
New home sales surging, new construction on upswing, home prices bouncing, enough for one economist to says housing market bottomed.
Homebuyers faced with few options on resale market were quick to snatch newly built homes this spring. Trend that likely to continue this summer.
Real estate investment trust still trying to raise money for shareholders, recently announced sale of $3.1B worth of its commercial portfolio.
Many investors believe commercial real estate is the next shoe to drop in this uncertain economy.
Here’s how 5 other top institutions see it playing out.
Lennar reported better-than-expected fiscal second-quarter profits and sales, delivering more than 1,000 more homes than was predicted.
CNBC’s Squawk on the Street - Goldman Sachs CEO David Solomon stressed that the economy has proved to be “incredibly resilient.”