Fed's rate hike pause fails to lift US housing outlook - Reuters poll
|The risk appetite in the financial markets has improved significantly since the US Federal Reserve quit hiking rates at the end of last year.
So far, however, the rate hike pause has failed to lift the outlook for the US housing market.
In fact, the house prices are now seen rising at a slower rate than what was forecasted three months ago, according to a Reuters poll.
The survey of nearly 50 housing analysts polled May 9-22 predicts house prices to rise 3.3% this year, a downgrade from the 4.0% rise predicted three months ago. House price rises are then seen slowing to slow to 3.0% next year and 2.7% in 2021.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.