01 Jun Freddie Mac Housing Outlook for May 2018

Below are some highlights from Freddie Mac's May housing report Gross Domestic Product (GDP) grew at an annualized rate of 2.3 percent in the first quarter of 2018, down from 2.9 percent in the fourth quarter of 2017 Consumer spending growth lowest in 5 years Economy added jobs for 91 consecutive months 3.9% unemployment rate Hourly earnings increased 2.6% year...