blockitecture leaderboard

An Improved Outlook for Housing

After a 5-year slide, Julie Schmit reports on investor and analyst optimism regarding the Housing Market in 2012 and beyond

The consensus among analysts seems to be that the housing market has finally bottomed out, baring an economic shock.

Industry metrics and broader economic indicators are pointing towards an upswing. As a result, home sales and home building is forecast to rise in 2012. Investors are sharing the optimism: home builder stocks are outperforming the broader stock market.

However, home prices are still expected to fall in 2012: "This year will feel a lot better to builders, investors and real estate agents than to consumers," says Jed Kolko, economist for real estate website Trulia.

Full Story: Housing outlook is more upbeat

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Currently on backorder
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
$24.00