Report
Bruno Cavalier

US housing: signs of stabilisation, not of a recovery

Following an erosion of mortgage rates over the past three months, signs of stabilisation in the residential sector are emerging. Homebuilder confidence, housing starts and home sales had collapsed in 2022 (but not employment), cutting into real GDP growth. The low point may have been reached. The next question is whether a recovery is in the offing. A key condition is that housing becomes more affordable again, but for that to happen, prices and/or borrowing rates would have to ...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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