U.S. Housing Starts and New One Family Houses Housing starts rise 12.2% in August. Usually, a continued downturn may signal a contraction of the economy. And historically, a decline in residential real estate has led several recessions. But housing is already in a slump and shouldn’t cause a recession.
U.S. New Private Housing Units Authorized by Building Permits and Recessions In August, U.S. building permits declined to 1,517 million (annualized). Historically, before recessions, building permits tend to peak and then decline.
U.S. Housing Market – MBA Purchase Index Mortgage applications in the United States are still declining as interest rates rise. Image: The Daily Shot
Housing – Global House Prices Will global interest rate hikes drive down house prices? Image: BofA Global Investment Strategy
Housing – CME Lumber Futures Price As mortgage rates rise, is the volatility of lumber prices over? Image: The Daily Shot
Housing – USA Case-Shiller House Price Will U.S. house prices go down soon? Image: Nordea and Macrobond
Sentiment – NAHB Housing Market Index U.S. homebuilder sentiment continues to fall. Image: BofA Global Research
Housing – New One Family Houses Sold Total NSA U.S. new home sales plunged more than expected, which does not bode well for the U.S. housing market. Image: The Daily Shot
Housing Bubbles – Real House Prices vs. House Prices / Disposable Income Is an housing crash on the horizon? Image: MBR Partners
U.S. Recession – Housing Cycle Stress Index Should investors expect the possibility of a significant weakening in the housing sector this year? Image: MBR Partners