Global Consumers (Housing and Retail) vs. Confidence (Soft Data) Chart showing the large divergence between global hard data and confidence (soft data). Confidence still refuses to rebound. Image: Arbor Research & Trading LLC
Housing Bubble Risk Munich is the city with the highest risk of a housing bubble developing, followed by Toronto, Hong Kong and Amsterdam. Image: Statista
Housing – U.S. Construction Spending and Recessions Historically, when the three month moving average turned negative, a U.S. recession occurred within a 12-month period, 7 times out of 9. Image: Pictet Asset Management
U.S. Housing Forecasts The 12-month forecast suggests that housing starts, building permits and home sales are on the rise. Image: Arbor Research & Trading LLC
Housing Usually Heats Up in the Summer This great chart shows that U.S. home sales usually heats up in the summer. Image: Leonard Kiefer
Countries With the Highest Housing Bubble Risks Detecting and measuring asset bubbles is not always an easy task, but in many countries, housing prices are rising faster than rental rates. Image: Visual Capitalist
U.S. Housing Starts and New One Family Houses June housing starts fell 0.9% from May. 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.
Are Fears About an Imminent Recession Overblown? If history helps us to predict the future, a recession is coming when the Leading Index for the United States is below 1.Today, it stands at 1.48 and is rising. “The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition…
Homeownership Disparity Deepens Since 1994, the gap between blacks and whites has widened, in part because starter-home prices have exploded, year after year. Inequality: you may also like “U.S. Unemployment Rate: Black or African Americans” and “U.S. Net Worth by Wealth Bracket” and “Countries With the Highest Housing Bubble Risks.” Picture Source: Bloomberg
Home Builder Sentiment Leads Consumer Spending Interesting chart suggesting that the NAHB housing market index leads the change in consumer spending. The latest reading for July suggests that the outlook for the U.S. economy is expected to slow. Image: Dr Thomas Kevin Swift
