Economic and Housing Forecast: The Federal Reserve and Housing Affordability
NAHB’s Chief Economist will present an economic forecast, focusing on recent challenges to housing affordability. Mixing local, regional and national housing and demographic data, this session will highlight how recent changes in the Federal Reserve’s monetary policy will affect interest rates and housing construction activity. Dietz will also give updates on supply-side factors, such as the current state of the skilled labor shortage, financing conditions for builders and land developers and building material pricing. A question and answer session will follow.