North America’s Largest Woodworking Event | Tuesday–Friday | August 6–9, 2024


Industry & Trends

Wall Street Analyst Sees More Positives than Negatives in Housing Market

It may not be back to the good times during low interest rates but Telsey Advisory Group’s Housing Scorecard shows more positives than negatives.

If you’re looking for good news about the housing market – especially when there doesn’t seem to be too much as the most recent data suggests the sector remains weak and mortgage rates are even going back up a bit – a new analysis from prestigious Wall Street firm Telsey Advisory Group is going to bring a smile to your face…and to your business bottom line too.

In its regular “TAG Housing Scorecard” which ranks a number of factors influencing the industry, Telsey sees five positives, three even scores, and just two negatives. “Our latest Housing Scorecard reflects a housing market that has bottomed out and is improving,” it wrote in its latest report. “The latest data have resulted in our total index rising to 65 from 35 in October 2023, August 2023, February 2023, and December 2022, 50 in July 2022, and 55 in February 2022.”

That’s still down from its index of 80 in April 2021, but “better than 2022 and 2023.” Still, it said the market is “not back to strength.”

Positives on its scorecards were: private fixed residential investments, the value of construction put into place, the S&P/Schiller Home Price Index, new construction starts and permits and housing formations. On the negative side were 30-year fixed mortgage rates and existing house sales. It judged remodeling rates, employment and consumer confidence as “mixed.”

It continued to see those retailers and other businesses that service the housing market as long-term solid prospects even if right now they remain challenged.


More Industry & Trend News

  • Renovate Rather than Buy: American Homeowners

    May 22, 2024

  • New Energy Star NextGen Program Debuts

    May 22, 2024

  • Saving One Trillion Trees Isn’t as Easy as It Sounds

    May 22, 2024

Register to Attend

Be part of North America’s largest woodworking show and conference.

Register Now

Apply to Exhibit

Grow your business at the premier global woodworking trade show.

Exhibit at IWF 2024

Show Hours & Location

International Woodworking Fair
August 6–9, 2024

8:30 AM–5:00 PM*
8:30 AM–2:00 PM*

*Building A opens 7:30 AM Tue-Fri

Georgia World Congress Center
285 Andrew Young International Blvd
Atlanta, GA 30313

Get Industry News & IWF Updates

Subscribe to IWF Network News.

Subscribe Now

Terms & Privacy Policy

© 2020 International Woodworking Fair, LLC Terms of Use & Privacy Policy

3520 Piedmont Rd NE #350, Atlanta GA 30305 | (404) 693-8333


Have questions about IWF? Check out our new AI chatbot and get info fast!

To get started, set your chat preference. Then click on the chat bar that appears in the lower right corner. Are you an Attendee or an Exhibitor?

Attendee Exhibitor

No Thanks

IWF 2024 Add to Calendar

Sync IWF 2024 with your favorite calendar program.

Notification Message

loading … please wait

Have Questions?

First let’s set your chat preference. Then, just click on the chat bar that appears. Are you an Attendee or an Exhibitor?

Attendee Exhibitor