ASA Chief Economist Dr. Chris Kuehl is back with his weekly “Keeping it Real with Dr. Kuehl” economic update podcast. In Episode 37 (8:04 in length), Dr. Kuehl talks about the current residential housing situation and what that might look like a few months down the road.

• Where does residential housing fall into the lively rankings when it comes to U.S. economy components?
• What typically drives the residential housing market? (Hint: One-word answer). What drives the high-end residential housing market?
• Why is the housing market so important to the economy?
• Will we see a housing bubble burst on a national scale anytime soon?
• What parts of the country are hot spots?
• Latest lumber and raw materials updates
• Why millennials are the big wild card in this equation?
• Dr. Kuehl’s residential housing predictions going forward. What two things should you be watching for?