US economy avoids recession yet again — no thanks to real estate

With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction. Continue reading

As US economy zigs upward again, real estate sags

Hits to broker commissions and home construction drove a decline in real estate gross domestic product in the third quarter of the year, new data shows. Continue reading

The US economy’s run stalls, but real estate forges ahead

The nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading