3 Signs a Rolling Recession in Housing-Market Affordability Is Ending

The housing market is on a slow climb out of its affordability crisis, though time is still needed to properly relieve consumer pain, Charles Schwab said in a note on Wednesday. 

“As housing was the first sector to kick off the rolling recessions we’ve pointed out for more than two years, it now looks like it’s participating in the start of rolling recoveries,” the bank said. “That comes with an important distinction, though: A recovery is not synonymous with a booming expansion.”