Tag Archives: housing inventories and pricing

Housing permits and starts decline slightly, but housing still an economic positive over the next 12 months Housing permits and starts declined, but not by much, in April. Importantly, while typically permits, especially single family permits, lead these series, in the past year there has been a unique divergence between permits and starts due to construction supply shortages.  This has been reflected in the number of housing units...

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,...