Not exact matches
There are objective reasons to be optimistic, including ongoing
labor market improvements — underscored by falling unemployment and underemployment rates, as well as
solid job growth — combined with the Federal Reserve's expectations that
conditions will permit further interest rate hikes this year as it continues to move toward policy «normalization.»
Although builders are struggling with shortages of
labor and lots, as well as higher lumber prices,
market conditions on balance remain favorable, and we expect
solid growth in the 55 - plus housing sector.»
However,
conditions remain uneven, with strengthening
labor markets supporting
solid price gains in some member countries, notably Ireland, Spain and Germany, while other
markets, including France and Italy, continue to languish alongside a weaker economic recovery.