
Fannie Mae Expects Nation’s Home Prices Will Keep Falling
The national economy is running out of steam and further declines in home prices are expected, economists at Fannie Mae forecast, but interest rates could start falling by year’s end.
The national economy is running out of steam and further declines in home prices are expected, economists at Fannie Mae forecast, but interest rates could start falling by year’s end.
The current expansion has lasted since the official end of the Great Recession in June 2009, or almost nine and a half years. If it lasts seven months more, it’ll be the longest expansion in at least 160 years.
Most earners in Massachusetts will benefit at least modestly from recent U.S tax policy changes and looking ahead, the key economic constraint in the commonwealth is a lack of labor.