Fannie: Housing to See ‘Sustained Growth’
OtherThe housing market is “on a sustained growth path,” according to the latest economic outlook by Fannie Mae’s Economic & Strategic Research Group. “One of the key developments for the housing market last year was the general consensus that home prices, on a national basis, bottomed earlier in the year and continued to build momentum, exhibiting robust year-over-year gains unseen since the housing boom,” according to the report. Housing inventories are at the lowest since December 1994 and fewer distressed […]