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US Housing Market Logs Another Regrettable Record
I hate to relegate the single-worst read on a key leading indicator of US home sales to a footnote but... well, let me put it this way: If it feels to you like I've penned the same article about US housing four or five times over the past week, it's not your imagination. I have.
To call the narrative "familiar" would be to materially understate the case. "Ad nauseam" is more accurate.
That said, I'd be completely remiss not to comment briefly on Thursday's pending home sales print, the last of
I’m probably in the thick of confirmation bias from being so desperate to find work for so long and so terrified about how I’m gonna put food on the table just a few months from now— I know it’s made me insane in just about every other way—But I feel like I’ve been collecting news stories about these little dark economic bellwethers lately. I just hope that the tech sector job recession was a leading indicator, maybe will be the first to bounce back.