Goldman: The US housing market is growing at 5 Percent As Trend Upward Intact

Goldman: The US housing market is growing at 5%

The US housing market is on a roll and is showing no signs of slowing down — that’s the key takeaway from Goldman Sachs’ most recent Housing Monitor research report.

According to Goldman’s research, house prices have continued to grow close to a 5% rate throughout 2016. This view runs against the Case-Shiller and FHFA house price indices, which appear to show that the housing market slowed during the second quarter. However, Goldman believes that this slowdown was driven by ‘seasonal adjustments’ and after adjusting for these adjustments arrived at the 5% growth figure.

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Moreover, Goldman...