Experts are calling this a housing recession. But we're not likely to see massive price drops because inventory is still low. Existing home sales dropped by five point nine % in july from june, which made it the sixth month in a row of a drop. New construction is slwing down. Sentiment among builders dropped to negative levels in august after eight months of steady decline.
A federal judge grants Trump’s request for a special master, Russia closes the largest natural gas pipeline to Europe, and experts say a housing recession has begun. Get the facts first on Morning Wire.