U.S. Housing Demand and Mortgage Delinquencies

U.S. Housing Demand and Mortgage Delinquencies A strong recovery in housing demand, but an increase in mortgage delinquencies. The wealth gap is widening in the United States. Image: BofA

U.S. Housing Starts and New One Family Houses

U.S. Housing Starts and New One Family Houses U.S. housing starts surged 22.6% in July. 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.

Housing – CME Lumber Futures Price

Housing – CME Lumber Futures Price Lumber futures are at record highs, as demand is supported by the recovery in housing construction. Image: The Daily Shot

U.S. Housing Sales

U.S. Housing Sales U.S. housing sales are recovering from coronavirus, as builders have been reporting stronger demand. Image: Gavekal, Macrobond

Housing – U.S. Median Famility Income to Mortgage Cost

Housing – U.S. Median Famility Income to Mortgage Cost This chart suggests that relative to family incomes, buying a home in the U.S. is currently quite affordable by historical standards. Image: Gavekal, Macrobond

U.S. Housing Market

U.S. Housing Market This chart suggests that the U.S. housing market has already started to recover. Image: BofA Global Investment Strategy