Jamie Dimon: ‘Every Single Thing About Housing Is Flashing Green’

J.P. Morgan Chief Executive James Dimon likes what he sees right now in the U.S. housing market.

Mr. Dimon has a pretty good forecasting track record this year, at least as far as housing goes. Consider that in January, Mr. Dimon said he thought that housing was nearing a bottom, and the bulk of the data out so far this year have supported that call.

“Every single thing about housing is flashing green,” he said in an interview with CNBC-TV on Friday. “There’s not one thing that’s flashing red.” Household formation is up, housing inventory is down, and housing affordability is at an all-time high, he said.

–  WSJ

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