Metrostudy’s Hunter Sees Housing Starts Up 18% For Year (Audio)

Brad Hunter, chief economist at Metrostudy, sees housing starts reaching 18 percent for 2014 with home price increases abating. Home prices, says Hunter, will increase in the region of 5 percent for the remainder of this year at an annualized rate, a healthy slow-down in the rate-of-increase. Hunter says long-term interest rates will stay low in 2014 and 2015, with maybe a "slight upward drift." He says rates won’t have a big impact on builders, prices and affordability until 2016. Hunter speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage" from the Pershing Insite 2014 Conference in Hollywood, Florida.

Running time 11:54

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