Housing

This is the fourth post in our multi-part series on the Fed's 2025 framework review. Part 1 discusses how the Fed can deal with tariff inflation risks, Part 2 discusses the implications of recent productivity dynamics, and Part 3 discusses the Fed's inflation and supply shock

Today's data largely confirmed what we've known for some time now: the Fed's restrictive policies are restricting the level and growth of homebuilding activity in the US economy. But when we think holistically about the relevance of homebuilding to price stability, the restrictive effects

We believe that the proposed product is not in the public interest, at least at this time, and would actively undermine Freddie Mac’s goals to support housing supply and affordability.

This monitor is a reflection of how we update our assessments of economic growth in real-time as we get meaningful updates from macroeconomic data releases. It provides a more timely and meaningful gauge of economic activity growth than what GDP and similar summary indicators provide. Please see here for more

This monitor is a reflection of how we update our assessments of economic growth in real-time as we get meaningful updates from macroeconomic data releases. It provides a more timely and meaningful gauge of economic activity growth than what GDP and similar summary indicators provide. Please see here for more

Bottom Line: We're seeing more stability (and potential recovery) in housing and more signs that the soft (survey) data is getting a post-SVB bounce. This is consistent with the stabilizing slowdown our activity indices reflect. Takeaways: The full version of this Activity Monitor is made available exclusively for