Fannie Mae housing outlook sees smoother road ahead
OtherFiscal headwinds are expected to keep growth to below 2% for the first half of the year. However, as fiscal drags wane in the second half of 2014, growth should continue to move in the positive direction during an ongoing housing recovery, according to the Fannie Mae latest housing outlook report. Housing was largely positive entering the spring and summer season, with various indicators such as home prices, home sales and homebuilding activity showing signs of long-term improvement toward normalcy. “At the outset of the year, we forecasted that 2013 […]