On the FOMC list of things that could do better, where does housing stand?
Seeing as the Fed is nitpicking what it wants to see for improvement I've had a quick look at the main housing numbers
US housing
Existing sales have been strong, as have starts, so there's reasons to be optimistic there. New sales is probably the area that could improve and would be a greater indication of Americans willingness to go new (and therefore spend) rather than haggle for a deal over existing properties
In each case the trend is clear and they offer no reasons why the Fed should be worried about this part of the economy when deciding on rates
