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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. The housing market may be headed straight for a post-pandemic downturn, but according to Jordan Rappaport, a senior economist at the Federal Reserve Bank of Kansas City, an uptick in single-family home building could soon follow. NAHB reports. Thu, 10/06/2022 - 10:24.

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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

The Federal Reserve is continuing to tighten its monetary policy, announcing its fourth consecutive 75 basis point rate increase that will push the fed funds rate to a 15-year high, according to NAHB Eye on Housing. However, by 2025, the Fed is forecasting a return to a normalized rate of 2.5% for the federal funds rate. Affordability.

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