Tag Archives: Freddie Mac: Housing Still Has Ways to Go

The housing market is in recovery mode, but overall activity still remains near historic lows, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for February. “Across the nation, most local housing markets have room for sustainable growth, particularly in home construction and sales,” says Frank Nothaft, Freddie Mac’s chief economist. “As the broader economy heals, expect to see more good news with house prices continuing their recent upward trend, and home sales and housing starts continuing to post strong growth rates.” Housing starts are projected in 2013 to […]