Economics

Here Are Five Charts Showing U.S. Housing Momentum Entering 2018

America’s housing market is gearing up for a robust year ahead. Builders are more optimistic, demand is strong and lean inventory is keeping prices elevated.
A row of homes stands in San Francisco, California, U.S., on Tuesday, Dec. 29, 2015. Home values in 20 U.S. cities rose at a faster pace in the year ended October as lean inventories of available properties combined with steadily improving demand.

Photographer: David Paul Morris/Bloomberg

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America’s housing market is gearing up for a robust year ahead. Builders are more optimistic, demand is strong and lean inventory is keeping prices elevated.

What’s more, the tax legislation signed Friday by President Donald Trump may not pose as big a risk to demand from homebuyers as earlier versions did.