Thursday , 21 January 2021

New Housing Report Reveals ‘Continued Recovery’

GSE Fannie Mae reported last week that it expects third-quarter real gross domestic product (GDP) to grow at an annualized pace of 30.4%, an increase from its August forecast of 27.2%. For full-year 2020, Fannie expects a 2.6% contraction, an improvement from last month’s forecast of a 3.1% decline. “While the pace of economic growth …

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