Slow down in housing market: Can it predict the end of the next U.S. recession?
Composite Cycles Model on New Home Sales indicates possible end for U.S. recession as early as summer 2024
New Home Sales - also known as "New Residental Sales" - is an economic indicator that measures sales of newly built homes. New home sales data is one of the best leading indicators of the housing market. When new home sales data shows a significant decline, telling us not only that new homes being built are not selling, b…
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