The Real Signal #142 - Three Year Low In Housing Production
Plus: Misguided Rental Inflation Numbers And Conference Board Signal Recession
Three Year Low In Housing Production
Scott Choppin Note:
The combined effect of declining single family and multifamily housing production is now hitting full force (see breakdowns of types in bottom graphic).
The social media space is rife with speculation on why each of these types are declining, but we can chalk it up to primarily to interest rates risi…
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