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- Housing indicators have sent mixed signals, muddying the picture on where the market is headed.
- Regional differences have also been playing a considerable role in the data.
- "Economic forecasts, just in general, have been hit by more surprises than they are in a stable period."
These days, housing market indicators and forecasts have been confusing — albeit not necessarily contradictory.
For example, some analysts and data suggest an imminent crash, while others signal a rebound is underway.
"There's always a range of opinions about the economy," Comerica Chief Economist Bill Adams said, later adding: "The economy has been very volatile in the last couple of years. And economic forecasts, just in general, have been hit by more surprises than they are in a stable period."