Housing Usually Heats Up in the Summer

Housing Usually Heats Up in the Summer This great chart shows that U.S. home sales usually heats up in the summer. Picture source: Leonard Kiefer

Countries With the Highest Housing Bubble Risks

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. Picture source: Visual Capitalist

U.S. Housing Starts and New One Family Houses

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.

Homeownership Disparity Deepens

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

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. Picture source: Dr Thomas Kevin Swift

Are Fears About an Imminent Recession Overblown?

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 1.28 and is rising, suggesting a recession is not imminent. “The leading index for each state predicts the six-month growth rate of…

Are We Near a Recession?

Are We Near a Recession? “The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply…

Is Residential Investment a Drag Since the Great Recession?

Is Residential Investment a Drag Since the Great Recession? Indeed, it is very low compared to other business cycles. And because housing is already in a slump relative to other economic cycles, it shouldn’t cause a recession. Picture source: Blackrock

What Will Cause The Next Recession – Robert Shiller On Human Behavior

What Will Cause The Next Recession – Robert Shiller On Human Behavior Robert Shiller is a professor at Yale University and Nobel Prize winner in Economics in 2013. What are the biggest risks right now on the next recession? 1) Housing market, 2) Bull stock market, 3) Interest rates and 4) Record expansion. https://www.youtube.com/watch?v=rUYk2DA8PH8