Today’s podcast goes over the recent new home sales data, and I explain in detail why the builders still need lower rates. New home sales data has been confusing lately because the headline numbers haven’t shown much happening for months now, but there is a story to be told.
Every Monday for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW plus to have access to the tracker, please use my LoganVIP20 code.
I also wrote about the most recent new home sales report, giving more details on what is happening in this sector.
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else