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The Data: Housing Turnaround?
How much did the Fed's policies account for the housing turnaround, or the stock-price rebound?
The housing turnaround seems to have caught almost everyone in the business by surprise.
Builders continue to be discouraged by the prospects of a housing turnaround amid what's likely to be the worst recession in decades, spurring rising unemployment and foreclosures.
In a monthly report released on Monday, Fannie Mae economists cited a stronger labor market and other improving indicators as hopeful signs that 2012 might be the start of a housing turnaround.
Housing experts caution that the increase in home prices might not augur a housing turnaround — and that further losses might still lie ahead for the Washington-based mortgage financiers.
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Add a housing market turnaround, and these changes set the stage for a dynamic U.S. recovery.
The report will probably fuel concern that the housing market turnaround will falter when government support ends this spring.
We're seeing the housing market turnaround, consumption has been a bit stronger the last couple of quarters," said Alan Krueger, a Princeton economist whose last day as Mr. Obama's chairman of the Council of Economic Advisers was Friday.
But before you start calling a housing market turnaround, it's important to understand why homes are selling quicker in these 10 areas.
It allowed for relatively quick, in-house software turnaround times where teams always had access to original assets. .
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