Housing Market Roundup: Mar. 31, 2022
Here’s a summary of recent housing market and economic reports that came across the MBA NewsLink desk:
Home Flipping Profits Fall to 10-Year Low
Although home flipping increased by more than 26 percent in 2021, ATTOM, Irvine, Calif., said gross profit margins fell to their lowest level in 10 years and at a pace not seen in 15 years.
GDP Report Shows Economy Roaring Along, but Inflation Taking Bite Out of Profits
U.S. gross domestic product fired on all cylinders in the fourth quarter, the Bureau of Economic Analysis reported Wednesday, although rising prices cut into corporate profits.
JLL: The Race For Industrial Space
The industrial market is struggling to keep up with growing demand, reported JLL, Chicago.
