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August 18, 2022

Newsfeed: “We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses

Newsfeed: “We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses

Another month, another plunge in housing.

Hot on the heels of the latest catastrophic homebuilder sentiment print and plunging single-family starts and permits, analysts expected existing home sales to accelerate their recent decline with a 4.9% MoM drop in July.

Newsfeed: “We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses Read More »

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