Today’s podcast covers the recent volatility in the housing data and how the streak of 12 weeks of positive, forward-looking housing data halted when mortgage rates rose almost 1% in weeks.
Last Friday, I spoke on CNBC about why I wasn’t surprised about the recent new home sales data being positive or even today’s pending home sales data. Forward-looking housing data did start to improve from November 9th, 2022
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.
“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