Update Economic USA Housing

There is no doubt, the rate of increase in housing starts has slowed. You can see this in the first chart. Growth that started since 2010 appears to have taken a rest over the last several months and is struggling from lower supply numbers and higher prices. Prices increased by more than 5% from this time last year. Home sales remain above the previous year but have slowed by over 3% this month alone. Supply has increased most recently which potentially could ease pricing pressure.

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Posted by Steve Albrecht