Economy Week Ahead: Housing, Consumers, Inflation – The Wall Street Journal

December 19, 2021 by No Comments

U.S. consumer spending and inflation data highlight this week’s economic calendar.

Wednesday

U.S. existing-home sales are forecast to increase for the third consecutive month in November despite low inventories and record prices. Pandemic-driven factors such as a desire for more space and the emergence of remote work, low mortgage rates, strong interest from investors and a big demographic push from millennials have combined to create the hottest housing market since 2006.

Source: https://www.wsj.com/articles/economy-week-ahead-housing-consumers-inflation-11639947872

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