 |
Pending home sales provide a reminder of 2005-2006 Most everyone knows that the housing market has been booming in the U.S. However, if history is a guide, expect U.S. home prices to significantly decline. Why? Well, pending home sales have slowed. And the trend in home sales tends to lead the trend in home prices.… Read more Why US Housing Market is Set to Decline |
Category: Housing Market
Articles about housing market, home prices trends, macro economic effects on housing market.
Housing Market Implosion Coming?
 |
University students live in the lap of luxury The U.S. housing market may be about to implode — again. Before I get into the “why,” know that the residential real estate market never fully recovered. Annualized new home sales this past July stood at 507,000, vs. the July 2005 peak of 1.39 million. The chart… Read more Housing Market Implosion Coming? |