«The fact that we continue to see a strong core of metros showing up on the improving list each month adds to the growing evidence that
the emerging housing recovery has a solid foundation on which to build as housing returns to its traditional role of driving economic growth,» observes NAHB Chief Economist David Crowe.
Tampering with the deduction would be a major setback for today's slowly
emerging housing recovery.
In the next year or two, another important influence will be
the emerging housing recovery, since significant parts of manufacturing are engaged in the production of building materials or consumer goods stimulated by new housing development.
Not exact matches
Chairman Bernanke's comments contained a clear message: tight lending standards that
emerged after the
housing boom are now holding back the
housing market
recovery and the economy as a whole.