Excellent summary - The housing component is flattening out, but as in prior cycles it may not fully recede. If so, then we can expect much of the already present increase to remain in place. If I'm right, that will have long term implications for the supply and demand equilibrium in housing.
Excellent summary - The housing component is flattening out, but as in prior cycles it may not fully recede. If so, then we can expect much of the already present increase to remain in place. If I'm right, that will have long term implications for the supply and demand equilibrium in housing.
Thanks I will try to send out the report every month about 1 hour after the data release.