Investor Day Virtual Event Series 2021: Economic and Housing Market Update
Economic and Housing Market Update
Freddie Mac Single-Family Credit Risk Transfer (CRT) hosted its Investor Day Virtual Event Series 2021 on Tuesday, June 8 and Thursday, June 10.
Investor Day Virtual Event Series 2021: Economic and Housing Market Update
Freddie Mac Single-Family CRT brings you an Economic and Housing Market Update with Sam Khater, Vice President and Chief Economist, Economic and Housing Research.
Originally presented during Freddie Mac’s 2021 Investor Day Virtual Event on June 8, the session delves into the details behind these key takeaways:
- Economy is experiencing a surge in spending and growth, driven by re-openings, stimulus and organic improvement in economy
- Growth remains uneven, choppy and hampered by still weak labor market
- Inflation is accelerating and will continue to do so due to housing over next 1 to 2 years
- Housing remains hot, but demand cooled & low inventory led to high home price growth - lack of supply remains a large obstacle in the housing market and will very slowly improve
- Migration is highest in last few decades, many home buyers moving out of expensive coastal areas or downtown locations and to the suburbs
Disclaimer
The information presented in this recording is not an offer to sell any Freddie Mac securities. This recording may contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, some of which are beyond the company's control. Management's expectations for the company's future necessarily involve a number of assumptions, judgments and estimates, and various factors could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements. The company undertakes no obligation to update forward-looking statements it makes to reflect events or circumstances occurring after the date of this press release.
The financial and other information contained in this recording are only as of the dates stated or shown. The information could be out of date and no longer accurate. Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.