The Real Signal #131 - Shine Is Off Homebuilding Markets
Plus: Shine Is Off Homebuilding Markets and Aircraft Supply Shortage
Shine Is Off Homebuilding Markets
“Home builders are beginning to crack.
DR Horton, America's largest builder, just reported a 15% YoY contraction in sales orders.
The largest contractions happened in the Southwest / Southeast, where sales dropped nearly 25%.
A slowdown of this magnitude is a sign of decreasing consumer confidence and an oversupply of hous…
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