Housing market goes from bad to worse

Jerry Howard, the CEO of the National Association of Home Builders, provides insight into the housing market amid economic challenges.and soaring inflation, and data released this week shows things have gone from bad to worse.

The declines were much steeper than analysts expected: Economists surveyed by Refinitiv forecasted that housing starts would only fall by 1.3%, and that building permits would drop by 2.1%.Perhaps unsurprisingly, home builder confidence is down, too.

Housing is not crashing, its just inflated prices are coming back in line. Welcome news I think.

Bidens America

Biden 😡

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Home sellers cut asking prices as market coolsThe U.S. housing market may finally be cooling off. Prices will drop 30 percent in 12 months
مصدر: FOXLA - 🏆 445. / 53 اقرأ أكثر »

New data shows the hot Southern California housing market may be cooling offThe hot housing market in Los Angeles might be coming to a halt, according to the latest research into real estate trends. Recession dead ahead Sellers be realistic pricing now. It’s only going to get worse Lol
مصدر: CBSLA - 🏆 552. / 51 اقرأ أكثر »