By New Deal democrat Comprehensive April housing report: beware the inventory and price boomerang! Now that we have all of the April housing data, my comprehensive look at this long leading sector is up at Seeking Alpha. It’s pretty clear that sales and new construction have peaked in the short term. So, what happens when all of those people who would have put their houses on the market in 2020, but didn’t because of the coronavirus, decide to put them on the market later in 2021 or in spring 2022? As usual, clicking over and reading puts a penny or two in my pocket to reward me for my efforts. Tags: housing inventories and pricing
Topics:
NewDealdemocrat considers the following as important: housing inventories and pricing, US EConomics, US/Global Economics
This could be interesting, too:
NewDealdemocrat writes The bifurcation of the new vs. existing home markets continues
NewDealdemocrat writes Initial jobless claim Zzzzzzzzzz . . . .
NewDealdemocrat writes Industrial production for March is positive, but the overall trend remains flat
Bill Haskell writes Can local governments make it a crime to sleep outside if no inside space is available?
by New Deal democrat
Comprehensive April housing report: beware the inventory and price boomerang!
Now that we have all of the April housing data, my comprehensive look at this long leading sector is up at Seeking Alpha.
It’s pretty clear that sales and new construction have peaked in the short term. So, what happens when all of those people who would have put their houses on the market in 2020, but didn’t because of the coronavirus, decide to put them on the market later in 2021 or in spring 2022?
As usual, clicking over and reading puts a penny or two in my pocket to reward me for my efforts.