Jan 28th 2013 8:30AM
By Chris Isidore The bursting of the housing bubble plunged the economy into a recession from which it has yet to fully recover. But economists say this could finally be the year that housing lifts us out of the doldrums. Just over half of economists surveyed by CNNMoney identified a housing recovery as the primary... Continue Reading »
Oct 3rd 2012 12:30PM
By Chris Isidore It's been a long time coming, but economists surveyed by CNNMoney believe the nation's housing market has finally turned the corner. Of the 14 economists who answered questions about home prices in the survey, nine believe that prices have already turned higher or will make that turn later this year.... Continue Reading »
Oct 26th 2010 5:21PM
Home sales are up, but economists are far from pleased. Despite a 10 percent rise in existing home sales in September, many housing analysts believe the housing market is once again deteriorating. A rise in new home building usually helps lead the way out of a recession by providing jobs for workers in the construction... Continue Reading »
Sep 24th 2010 9:27AM
Just when you thought the housing market was out of the woods, a trusted financial sage delivered a scorched-earth assessment. Former Federal Reserve chairman Paul Volcker abandoned a speech to the Federal Reserve Bank of Chicago at the last minute yesterday to deliver an impromptu rant on the sorry state of the economy.... Continue Reading »
Jul 13th 2010 1:12PM
Not many Americans are feeling it yet, but we may be in the midst of a housing recovery. National home prices increased in May by 2.9 percent, as compared to May 2009, according to real estate information firm CoreLogic, making it the fourth straight month they have done so. But don't celebrate just yet; many experts... Continue Reading »
