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What is a Housing Recession and is the U.S. in One Now? (Part 1) - EP 59
The REconomy Podcast
Are We Seeing a Recessionary Housing Market?
Existing home sales fell for the 12th straight month in January to the lowest level since 2010. New home sales also declined to the slowest pace since 2016 in the summer of last year. Housing labor market remains tight, but a meaningful demand recovery is heavily dependent on mortgage rates.
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