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    You are at:Home»Data»Housing’s Share of GDP Rises in Q3 2019

    Housing’s Share of GDP Rises in Q3 2019

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    By Brad Beckett on November 13, 2019 Data

    The NAHB’s Eye on Housing is reporting that after declining for six consecutive quarters, the home building component of America’s gross domestic product (GDP) increased during Q3 of 2019.  They attribute this gain to a housing rebound that started last spring, with the increase in single-family permits and starts.  Interestingly, they point out that while GDP in Q3 increased at 1.9%, the housing’s overall share increased by 14.6% over the same period.

    Click here to read the full story at the NAHB’s Eye on Housing.

     

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    Brad Beckett
    Brad Beckett
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    Director of Education & Outreach, National Real Estate Investors Association

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    1. Pingback: Housing’s Share of GDP Rises in Q3 2019 | Revival Brothers Real Estate Investments

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