US Housing Stabilizes

Welcome to Economics Daily, the newsletter formerly known as New Economy Daily. I’m Chris Anstey, a senior editor in Boston. Today we’re looking at good news on US housing and bad news on household incomes. Send us feedback and tips to ecodaily@blooomberg.net or tweet to @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

A number of US housing indicators have rebounded in the early months of 2023, offering fresh hope that the economy could avoid a recession.