Five Reasons to Be Bullish on Housing

Although economic data have been mixed so far this year, we remain constructive on U.S. housing for five reasons.
— Mark R. Kiesel
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Five Reasons to Be Bullish on Housing

Although economic data have been mixed so far this year, we remain constructive on U.S. housing for five reasons:  (1) household formation is picking up, (2) the labor market is improving, (3) there is pent-up demand for homes, (4) mortgage rates remain low and (5) housing inventory is low (see chart).

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