Housing Market Feels Like It’s Built on a Sinkhole
Is the housing market close to a bottom? Let’s take a look.
Housing Starts Slide to Second-Least Since May 2020 and Single-Family Permits Weakest Since March 2023
Starts fell more than every Bloomberg estimate with single-family the least in a year, while single-family permits dropped to the lowest since March 2023.
More Housing Pain Reinforces This Bullpen Decision
September housing starts miss, but there is more to the margin pressure story.
Homebuilder Sentiment Falls to Lowest Since 2012
NAHB’s Housing Market Index falls to 29 in October, with all three components also hitting multi-year lows even as 43% of builders cut prices.
New Home Sales Unexpectedly Jump as Average Prices See Record Drop
August new home sales beat every forecast on a shift to lower priced homes. The average new home price fell $47,700 in a single month, the largest dollar drop on record.
Several Signs Point to a Potential Blowout Earnings Season
As the doom and gloom crowd frets over Treasury yields, those yields in addition to other data, might be hinting at something positive.
Taking a Look at Our Senior Housing Play as Construction Loans Climb
The rise in interest rates has knocked down REITs, but we still see a powerful tailwind for this one.
Housing Starts, Permits Fall on Multifamily Weakness
Both starts and permits fell in August, but the headline masked the a multifamily giveback underneath.
Existing Home Sales Fall to Slowest Pace Since June 2025
Existing home sales drop to lowest pace in over a year while inventories jump, sending ratio to highest since 2015.
Expect Housing Sector to Sink Further in Coming Quarters
Here’s why I’m expecting the housing market won’t recover any time soon.