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Logan Mohtashami on recession signals and what they mean for housing
HousingWire Daily
Sales Growth and Inventory Effects on Home Sales Sector
The sales growth of a company can be impacted negatively when interest rates rise, leading to missed estimates and slow recovery. However, in 2020, the home sales sector experienced a positive shift as inventory reached all-time lows and low mortgage rates initially boosted sales. Yet, when mortgage rates increased, new home sales were affected, while existing home sales remained stable, prompting builders to engage proactively.
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