September 23, 2022 | We have previously highlighted the slowdown in the US housing market. This week though the number of multi-family home starts surprised to the upside. Housing construction is a great forward indicator of economic activity & a welcome sign. Source: @thedailyshot
...August 19, 2022 | The amount of existing US homes being sold missed the mark this week, down 22% vs. last year. The real estate market is similar to the Titanic: it’s slow to move but once it starts, it won’t stop… And the Titanic is turning… Source: thedailyshot
...July 29, 2022 | Yet another sign of the housing market slowing: Boise, one of America’s Hottest “Zoomtowns” is seeing its housing market stop. “61% of listings had a price cut in June.” – WSJ. Changes like these reinforce the notion the housing market has already flipped.
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