Housing Outlook: Is This a Recession … or Not?
Pro Builder
NOVEMBER 1, 2022
Residential building permits dropped by 15,594, or 10.1% Wages are rising, but not as fast as inflation, so job growth and low household debt burdens are keeping the economy going,” Rogers adds. We will see rising inventory, fewer transactions, and probably falling home prices.”. Other Indicators Point to a Housing Slowdown.
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