Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turne

A separate report released last Tuesday by Realtor.com suggested that people are prepared to buy and sell homes at ”more approachable price points.”

George Ratiu, senior economist and manager of economic research at Realtor.com, said the report “offers hope” for seller-buyers.

(Realtor.com is operated by News Corp subsidiary Move Inc., and MarketWatch is a unit of Dow Jones, which is also a subsidiary of News Corp.)

The Dow Jones Industrial Index DJIA, +1.76%, S&P 500 SPX, +2.47% and Nasdaq Composite COMP, +3.33% all closed higher on Friday, ending eight straight weeks of declines.

https://www.marketwatch.com/story/fannie-mae-chief-economist-says-u-s-housing-market-has-finally-turned-a-corner-a-sharper-downturn-in-residential-investment-is-now-underway-11653415119