Economists reviewing macro trends point to the house price forecast as a reflection of wage growth and employment stability. Current projections call for a 3.9% rise nationally, reinforcing positive signals for housing-sensitive equities. Gardner said unemployment is low, earnings are rising at a healthy pace, household balance sheets are strong and borrowing costs are likely to moderate a little further if the BoE lower key interest rate in the coming quarters as expected. We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength. Market analysts suggest that the house price forecast for coastal cities is trending upwards by 3.8% over the next six months, as migration patterns favor regions with strong employment markets. This dynamic aligns with equity market behavior, where REITs are showing solid Q2 earnings.