The Real Signal Midweek - Is The Housing Recession Over?

Is The Housing Recession Over?

“No, but almost. At least that's according to @GoldmanSachs' forecast model.

GS: "we expect quarterly annualized residential fixed investment growth to swing from +2% in 2023Q3 to -7% in 2023Q4 and -4% in 2024Q1"”

Scott Choppin Note:

Notice the 2023Q3 investment at -7%, which concurs with our present market experience in South…