Economic indicators point to stronger 2015 housing market

 

A strengthening labor market, low interest rates, improving mortgage availability and growing pent-up demand will help to significantly boost single-family housing production in the year ahead, and have helped consumer confidence jump back to pre-recession levels.

David Crowe, Chief Economist at the National Association of Home Builders, gave the following presentation at the International Builders Show in Las Vegas, citing significant evidence for a stronger 2015 housing market, particularly for single-family construction.

Click here to view the complete slide show.

single family starts graph 300x167 Economic indicators point to stronger 2015 housing market