(Save the date: RealShare New York comes to the Grand Hyatt, New York, NY, October 9.)
NEW YORK CITY-Given sufficient job growth and supportive public policies, the outlook for the US homebuilding market has been bumped up from 'neutral' to 'attractive' by Goldman Sachs, a sign that new construction in the single-family housing market could gather speed over the next several years, the firm’s equity research arm said in a new report on Monday.
GS analysts Joshua Pollard and Anto Savarirajan wrote that housing has a “long list of positives,” including renewed home price appreciation, a decline of shadow supply and a lower risk of another price shock – all indicators that buyers are coming back to the market.
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