First American Deputy Chief Economist Odeta Kushi was interviewed on HousingWire’s Housing News podcast earlier this month and discussed her perspective on the forces powering the housing market’s V-shaped recovery and what may be in store for the rest of the year.
“We do anticipate housing to lead this economic recovery. We’re already seeing housing as one of the only major sectors to experience a V-shaped recovery. We do anticipate that to continue, at least throughout the remainder of the year. My crystal ball gets a lot hazier beyond that. But, with rates expected to remain low for the foreseeable future, that should continue to prop up demand. But, of course, so much of this is reliant on the labor market.”