Global Economic Perspectives Stronger growth will win US housing tug of war

Posted by on Jul 31, 2014 in Blog | No Comments
Published: May 7th, 2014 | Deutsche Bank Research

Chair Yellen highlighted housing as a key risk to the outlook in thismorning’s JEC testimony. In our view, the US housing sector finds itself ina tug of war between the down-pull of higher interest rates and the up-pullof a return to more normal levels of construction in a tightening housing market.