Eye On Housing
The Federal Reserve’s latest release of the Z.1 Financial Accounts of the United States shows the flows into and out of households and non-profit organizations as of the third quarter of 2020. As of the third quarter of 2020, the market value of all real estate assets held by households stood at $31.2 trillion. On the other side of the… Read More ›
The recently released Federal Reserve’s Z.1 Financial Accounts of the United States report (formerly known as the Flow of Funds report) shows the latest transactions in households’ balance sheets as they occurred in the second quarter of 2019. The growth in the market values of homes in the U.S. grew less proportionately to the growth in mortgages taken on them… Read More ›
Home owners’ equity in real estate improved as home prices continue to increase and mortgage debt expands slowly. Previous analysis of household balance sheets from the 2016 Survey of Consumer Finances (SCF) indicated that the primary residence was the largest asset category on the balance sheets of households in 2016 and it accounted for about one quarter of all assets… Read More ›
NAHB has been tracking two key economic variables that are critical for a robust and sustainable rebound in housing and the economy as a whole: the ratio of household net worth to disposable income (NW/DPI) and the personal savings rate. The NW/DPI ratio can be thought of as a measure of the health of household balance sheets. It tells us… Read More ›
NAHB has been tracking two key economic variables that are critical for a robust and sustainable rebound in housing and the economy as a whole: the ratio of household net worth to disposable income (NW/DPI) and the personal savings rate. The NW/DPI ratio can be thought of a measure of the health of household balance sheets. It tells us how much household wealth exists… Read More ›