Housing Has The Recession At Least 3 Years Off

Housing took center stage this past week. Housing starts, new and existing home sales, and Case-Shiller home prices gave us an idea of what the American housing market looks like.

Question: If you had to guess what stage of the business cycle the housing market says we’re at, what would you guess?

The economy has been expanding for just over 9 years now. Perhaps this would indicate we’re close to peaking? Then again, the younger generation has been slow to take part in the housing...

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