Commercial Real Estate:Real Estate Outlook: Positive Growth
Article Summary:
Minfeng.net is a real estate blog about the real estate Market, and a place where you may find useful information and insights providing helpful tips and enabling you to make objective decisions.There was an important piece of economic news last week that has HUGE significance for real estate and housing, but it got minimal coverage on TV and in print. The Conference Board’s Index of Leading Economic Indicators, widely acknowledged as the most accurate predictor of
Article Content:
There was an important piece of economic news last week that has HUGE significance for real estate and housing, but it got minimal coverage on TV and in print.
The Conference Board’s Index of Leading Economic Indicators, widely acknowledged as the most accurate predictor of future activity and output in the U.S. economy, rose by almost a point in June.
That was the third straight month of positive growth. But more importantly, it was the first time since 2004 that the index has increased for three consecutive months.
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