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Economic Weekly March 27, 2015: Housing Is Recovering, Still Far Short of Fed
Goals by Chief
Economist Chris Low,
Economist Jay Morelock, and Economic
Is Recovering, Still Far Short of Fed Goals
Housing has been in a slow recovery for some
time. Prices remain well below peak levels, but they are rising. Single family
housing starts are creeping higher, while multi-family starts have fully recovered
to pre-Great Recession levels. There’s still a long way to go, and housing is
not going to contribute to the economy in anything like the way it did in the
last two cycles. Still, the housing market...click here to read more.
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