RealPage Economy Express Episode 5

by   Arben Skivjani
  Posted   August 4, 2023
  in   Economy Express

Episode 5: Prospective rebound in the housing sector?

  • Inflation remains stubbornly high, due to a strong labor market.
  • Fed might return to interest rates hikes, but at a milder pace.
  • Privately owned housing starts surged by nearly 22% in May, marking the highest monthly increase since 1990.
  • Roughly 760,000 new homes sold in May.
  • Consumers are gaining confidence in the housing sector.

For more information on the state of the U.S. Economy, including forecasts, watch all the episodes of the Economy Express series.

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