HomeIndustriesHomebuilding & Real EstateNext Week’s GDP Will be 'Well Above Trend'

Next Week’s GDP Will be 'Well Above Trend'

Mark Hamrick recaps the week’s economic data and how it affected the market. Despite sentiment changes post-election, he doesn’t think consumer spending will meaningfully change. Looking to next week, he expects GDP to come in “well above trend.” He also examines housing affordability with mortgage rates rebounding and new inventory being brought to market.

Market On Close

22 Nov 2024

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