housing sector
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US Mortgage Rates fall for the first time in 11 weeks!
When will the housing market turn up again? This will most likely be after mortgage rates move lower.
NAHB Housing Market Index is bad and could get even worse.
In the mid-2000’s, the NAHB Housing Market Index dropped dramatically, similar to what is happening today. Could this be a foreshadowing of a recession?
NAHB Housing Market Index is bad and could get even worse.
In the mid-2000’s, the NAHB Housing Market Index dropped dramatically, similar to what is happening today. Could this be a foreshadowing of a recession?
Why trade with City Index?
July housing data concludes on a mixed note; waiting on Jackson Hole
July housing data finished up this week with worse than expected New Home Sales and better than expected Pending Home Sales.
US housing data slows, but the Fed is still ready to hike!
Will DXY continue to move up towards the July 14th highs at 106.31? If the Fed insists on continuing to hike rates, it may well be on its way.
US housing data continues to soften, S&P500 hits resistance
Both building permits and housing starts declined in June, as high interest rates and inflation continue to weigh on the sector.
When cracks appear in the rendering, the house doesn’t always win
The housing market has been a bedrock of the US economy during a period of historically low rates. Now those days are over, large cracks are appearing in the rendering.
Poor housing data sends USD/JPY lower
Weaker US housing data sent the markets into risk-off mode, dragging USD/JPY lower with it.
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