Bumpy Road for Housing in 2016?

The housing market did excitingly well in December, at least in part (possibly primarily) because of the weather. U.S. News sees a bumpy 2016 ahead, but it’s not that clear from my perspective. To be sure, I expect January reports to be unusually bad, for the same reason that the December reports were good. And depending on what the groundhog says tomorrow, February might be particularly bad, too. But I don’t know that either of those will be enough to make all of 2016 a bumpy ride.

 

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