us housing

One of the clouds hanging over the global economy at the moment is the US housing market.

When the economic tide began to turn in 2006, as US housing prices peaked, few expected more than a gentle slowdown.

However, the inflation of the US housing market was one bubble too far.

He suggested the Fed must prevent the US housing market sinking into a depression resembling the Japanese property crisis of the 1980s.

"These numbers will help to weaken the sense of stability that has recently emerged in the US housing market. "

However, the sub-prime mortgages were only part of a far more extensive problem affecting the entire $20 trillion US housing market: .

Analysts said this was because demand for the metal was faltering amid concerns about a slowdown in the US housing market.

Like tattoos and bitter family feuds, the US housing market is still there, stubbornly refusing to improve.

But there was some positive news on Tuesday as separate figures showed the pace of the US housing downturn abated in April.

Growing optimism over the US housing market may be premature, a leading retailer warned yesterday.

US bond prices slipped and German bonds followed suit, both on hopes for a deal and on more upbeat news from the US housing market.

If QE was meant to spur employment, or breathe life into the US housing market, it has yet to work.

The boom and bust in the money markets was precipitated by a US housing bubble.

Goldman insiders say this was due to the timing of the CDO, just before the end of the US housing bubble in April 2007.

The impact of the "credit squeeze" and downturn in the US housing market could be anywhere between mild and severe.

Its main aim was to keep mortgage interest low which would, in turn, stabilise the US housing market.

Without Japan's truly unprecedented buying of US bonds, interest rates would shoot up and the US housing market would crack.

That used to be Mr Greenspan's view of the US housing bubble.

As the US housing slump deepened over the past three years, Manhattan's real estate market seemed immune.

The same fate has befallen the big three credit rating agencies, whose deeply flawed ratings were exposed when the US housing bubble burst.

Combined with figures showing another big slide in US housing starts, they prompted sharp falls on US and European stock markets.

In part, these wider losses likely reflect concerns that weakness in US housing will restrain overall economic growth.

The recent US housing bubble had a similar process of moving from prime to subprime mortgages.

Moreover, they predict that spillover from problems in the US housing market on consumer demand will remain limited.

The current financial crisis was precipitated by a bubble in the US housing market.

The US housing market and those in other countries remain expensive relative to earnings and rents.

In spite of the rise in equities, credit spreads widened after the release of US housing market data that initially appeared disappointing.

In such a transition period, poor economic news such as yesterday's US housing data are shrugged aside.

Fannie Mae and Freddie Mac were largely the tools of political intervention in the US housing market.

Arguably, it is also the best measure for the overall destruction of US housing wealth.

US housing data was not as nasty as feared, also helping prompt a mild short-covering bid.

On the economic data front we saw releases of US housing, labor, and trade data.

US housing data show signs of stabilization, with inventories of unsold homes having fallen to about 8 months.

US authorities will need to review their strategy for the US housing agencies.

The US housing market problems spread and the crisis of confidence took its toll.

A still bigger concern is that the US housing bubble will burst, causing American consumers to cut spending sharply.

Is optimism overdone when the intervention was only necessary because of appalling problems for the US housing market?

Since the US housing market peaked in July 2006, the home price index has fallen 26. 7 per cent.

For the first time in history, a crisis triggered by US housing finance problems is having global ramifications.

Just how bad is the US housing market?

Yet where were the widespread predictions of the credit crisis? How many called the US housing bust correctly?

"A couple of assumptions we made didn't work out and we just totally missed on the US housing recession, " he admitted.

Between 2004 and 2006 US interest rates rose from 1% to 5. 35%, triggering a slowdown in the US housing market.

Of particular concern is that the US housing data having been in decline for almost two years, since mid 2006, has not yet bottomed .

In the next 30 minutes we get US housing starts and initial jobless claim data along with the Philly Fed;

Information about US Housing Design (the Lower Part)

CHART OF THE DAY: The US Housing Bust Looks Like Japan's