Housing activity will make a significant contribution to the US economy in 2017

Another Reuters housing poll, this time on the US of A

  • Two thirds of analysts polled said US housing will contribute significantly to the economy

  • Case Shiller prices to rise 4.9% 2017 & 4.0% 3018 (4.7% & 4.0% in prior poll)

  • 30yr mortgage rate to average 4.40% 2017, 5.0% 2018 (04.19% & 4.51% prior)

  • 90% of analysts say housing market does not need stimulus now

  • Existing home sales to average over 5.50m ann in each quarter

These polls are run quarterly. The price expectations don't point to anything bubblicious.

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