Forecasts
NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023
2023: 4.78 Million Existing-Home Sales, Stable Prices NAR’s Chief Economist, Lawrence Yun, unveiled the association’s forecast for 2023 during NAR’s fourth annual year-end Real Estate Forecast Summit. Media Contact: Troy Green 202-383-1042
Q2 GDP Forecasts: Revised Down, under 10%
From BofA: The construction spending data sliced another 0.5pp from 2Q GDP tracking, leaving us at a still impressive 9.5% qoq saar . [July 2 estimate] emphasis added From Goldman Sachs: We left our Q2 GDP tracking estimate unchanged at +8.5% (qoq ar) . [July 2 estimate] From the NY Fed Nowcasting Report The New […]
Early Q2 GDP Forecasts: 10%
From Goldman Sachs: We launched our Q2 GDP tracking estimate at +10.5% (qoq ar) . [Apr 30 estimate] emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 5.3% for 2021:Q2 . [Apr 30 estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth […]