The recovering US housing market, a strong sign of economic recovery?

Discussion in 'General Trading Discussion' started by Nox, Sep 11, 2015.

  1. Nox

    Nox Guest

    Aug 2015
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    Analysts and economist seem relatively upbeat about the future prospects of the economic direction of the US economy, in spite of the looming tightening policy to be instated by the US Federal Reserve (it's still a hot topic as to whether this is the right time). Residential investments are back on an upward trajectory, showing a steady increase as a percentage of GDP. There has been strong correlation in the past between growth in the housing sector and expansion of the US economy. While still below it's long run average of 4.56%, residential investment as a portion of GDP stands at 3.34%, having been almost as low as 2% in 2010.

    Is this the turning point we've all been waiting for?

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