Housing market sentiment rallied as national housing price growth accelerated in the March quarter.
Insight
April 7, 2017
US Economic Update: April 2017
Investment indicators looking better
Key points:
- While March quarter GDP is likely to be weak, activity is expected to rebound over the rest of the year.
- The Fed is flagging that it will start unwinding its QE asset purchases later this year.
- We still expect two more fed fund rate hikes this year, most likely in June and September.
For further details please see the attached document
