What to Expect From Housing and Consumer Spending in 2018

The video discusses the housing market's month-over-month changes, highlighting a significant increase since January 1992. It examines factors like post-hurricane recovery and tax overhaul anticipation affecting demand. The limited housing supply, both in existing and new homes, is noted as a constraint on sales. The video also explores consumer spending, showing a rise in November, driven by increasing income, suggesting continued economic growth into 2018.

In what ways is consumer spending expected to change going into 2018?

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What role do consumers play in driving economic growth according to the text?

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