Sentences with phrase «several real estate economists»

Not exact matches

The economist Jared Bernstein writes that the real estate collapse that came several years later was harder on the overall U.S. economy because home price appreciation had created a broadly - felt wealth effect and thus introduced broadly - felt pain.

According to an article published on the ReedConstructionData.com website, author Bernard M. Markstein, RCD U.S. Chief Economist, writes, «New residential construction spending was up a strong 2.3 %... single - family construction spending increased 1.8 % following a 1.2 % rise... multi-family construction spending surged 4.7 % after jumping an almost as strong 4.1 % in April...» These numbers indicate that residential real estate is on the rise after a slow building period that spanned several years.

Some types of real estate may benefit from the fall - out of the World Trade Center attack and the resulting war on terrorism while others may suffer, David Lereah, NATIONAL ASSOCIATION OF REALTORS» chief economist, explained to several hundred attendees at NAR's recent annual Conference & Expo in Chicago.