The Real Signal #147 - Bifurcated For Sale Housing Market
Plus: US Bankruptcies In Acceleration And San Francisco In Recovery
Bifurcated For Sale Housing Market
Scott Choppin Note: We tangentially track the for sale housing markets, specifically new home sales, as a variable in our multifamily ground up model. We track this as a proxy for renter entry and exit from the apartment space into and out of the for sale homes, and also as a proxy for subcontractor demand in our constr…
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