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Housing Starts and Permits Drop to the Lowest Level in Four Years
• https://mishtalk.com, By MishHoot of the day: The Bloomberg Econoday consensus had housing starts and permits both rising. Several charts show how much they dropped.
Hoot of the day: The Bloomberg Econoday consensus had housing starts and permits both rising. Several charts show how much they dropped.
US existing home sales fell for the third straight month in May (-0.7% MoM vs -1.0% exp). This left home sales down 2.8% YoY (YoY sales have not increased since July 2021)...