Our analysts forecast $1.5 trillion in mortgages will be originated in 2024 — a figure similar to their full-year projection for 2023 — before rising slightly to $1.8 trillion in 2025. Meanwhile homeowners looking to sell their houses and buy new ones face the daunting prospect of ha...
"It's a reflection of the world we live in:Transportation affordability is a significant problem, as is housing," said Ira Rheingold, executive director of the National Association of Consumer Advocates. "More and more dealers areoffering extended loan terms: Instead of three or fo...
“We expect the Fed to proceed with a 25-basis point cut in its upcoming December meeting, although we see about 20% probability of a skip, in line with current market expectations, according to CME FedWatch,” he said. There are a number of factors that could influence this either way....
While the economy does not need lower rates to boost growth, rate cuts would help the housing market, he said. "Sales of existing homes are down around a third from 2021. There are a lot of people who would be look...
In its previousforecast in February, the commission projected a more gradual decrease to 2.7 per cent in 2024 and 2.2 per cent next year. The commission maintained its earlier projection for the bloc’s economy to grow 0.8 per cent this year, before reaching 1.4 per cent growth in 2025. La...
Friday 20 September 2024 16:29 KResearch maintains its GDP projection for 2024 at 2.6 percent, with growth in 2H24 expected to be higher than in 1H24. Attention should be paid to the short-term impacts of flooding and the slowdown in core global economies. The upcoming US presidential ...
National Government Debt (USD mn) 36,218,605.0 Dec 2024 monthly Jan 1969 - Dec 2024 Government Debt: % of GDP (%) 123.1 Sep 2024 quarterly Mar 1969 - Sep 2024 Forecast: Government Expenditure (USD bn) 13,147.693 2029 yearly 2001 - 2029 Forecast: Government Net Debt (USD bn) 46,...
This chart shows the annual GDP growth of the Euro Area 20 (which includes Croatia’s membership from January 2023) from Q3 2010 to a projection in Q1 2025. The bars represent contributions of different regions – Germany, France, Northern Europe (northern euro area) and Southern Europe (sout...
While there are many possible impacts from decarbonization efforts in countries, we note that our analysis only investigates the air pollution impacts within the electricity sector in a developed country. Investigating decarbonization impacts from other sectors, like transportation, residential housing, and...
The median GDP growth estimate for 2024 rose to 2.1% from 1.4%, and the projection for unemployment fell to 4% from 4.1%, with similarly upgraded forecasts for 2025 and 2026 as well. All of those numbers are in line with a healthy economy, not one that’s in a recession. Read more ...