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How To Forecast A Recession

On April 17, the latter showed a mean forecast of 0.44% annualized for the first quarter, and much higher recession probabilities than at the start of the year. read more

Why Housing Market Trend Is 'Alarming' to Real Estate Expert

A surge in unsold new homes is reminiscent of past economic downturns, raising fears of a potential recession. Why It Matters Homebuilders are sitting on their highest inventory levels in years. read more

New home sales surged 20% in May from a year ago

Sales of newly constructed homes were up 12.2% in May from April, and up 20% from a year ago, according to a joint report from the US Department of Housing and Urban Development and the US Census ... read more

30% Say a Recession Would Make Them More Likely To Buy a Home - MSN

Although listings have started to rebound modestly, active inventory remains 16.3% below pre-pandemic levels seen from 2017 to 2019. Affordability is also a pressing issue , with 36% citing it as ... read more

New home sales plummet more than expected as high mortgage rates sink demand

The inventory of unsold homes on the market increased to 507,000 units, the highest level since late 2007, from 500,000 in April. read more

US New-Home Sales Surge to Fastest Pace in More Than a Year

US new-home sales advanced in May to the fastest pace in over a year, bolstered by limited inventory in the resale market. Purchases of new single-family homes increased 12.2% to an annualized ... read more

US housing recession could send home prices tumbling 20%, economist says - FOX 10 Phoenix

U.S. home prices are finally falling from a record high notched earlier this year, and could tumble by as much as 20% by mid-2023, according to a top economist. read more

Will a recession lower home prices? Impact on housing market explained - Newsweek

On Monday, Goldman Sachs raised the odds of a recession to 45 percent from 35 percent—the second time they revised their forecast in a week. Last week, J.P. Morgan raised its recession ... read more

New home sales fall to seven-month low in May; supply increases

WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising economic uncertainty sapped demand, lifting the supply ... read more

The U.S. Is Hurtling Toward A Recession - Seeking Alpha

One key indicator signaling an imminent recession is the Atlanta Fed’s GDPNow forecasting model, which updates in real time as new economic data arrives. Click to read. read more

US New Home Sales Exceed Expectations; Rising Supply Curbs House Price Growth

New home sales are counted at the signing of a contract, and can be volatile on a month-to-month basis. They increased 6.7% on a year-on-year basis in December. An estimated 683,000 new homes were ... read more