wisconsin economic outlook: 2011 Wisconsin Economic Outlook
- 02/04/11 08:59 AM
Wisconsin Economic Outlook The national housing market has stabilized, but remains fragile; Wisconsin inches toward a tentative recover, says Stephen Malpezzi in the January 2011 Wisconsin Real Estate Magazine. The National Bureau of Economic Research declared the “great recession” had ended in June of 2009. During the first three quarters of 2010, real GDP grew a modest 2.5% per year. National Association of Realtors data on house prices peaked in 2005 at about $250,000, saw some of the steepest declines in 2008, and began to stabilize in 2009. House prices are now roughly in line with income, interest rates, and
(2 comments)
|
|
|
|