June housing report: a tale a two diametrically opposed sectors – by New Deal democrat Yesterday I wrote that housing under construction, along with new vehicle sales, were two important reasons that no economic downturn had occurred yet. Today’s report on housing construction for June showed two almost diametrically opposed trends: single family houses had a sharp increase in permits and starts, while units under construction made a 12 month...
Read More »June housing report: a tale a two diametrically opposed sectors
June housing report: a tale a two diametrically opposed sectors – by New Deal democrat Yesterday I wrote that housing under construction, along with new vehicle sales, were two important reasons that no economic downturn had occurred yet. Today’s report on housing construction for June showed two almost diametrically opposed trends: single family houses had a sharp increase in permits and starts, while units under construction made a 12 month...
Read More »