Expect Huge Negative Revisions to New Home Sales as Sales Crash and Orders Cancelled

Expect Huge Negative Revisions to New Home Sales as Sales Crash and Orders Cancelled

SGT Report - 2022-07-13 - Original post - Cached copy

by Mish Shedlock, Mish Talk: Let’s check in with a real estate consulting firm on a major housing crash now underway. Rick Palacios Jr., Director of Research at John Burns Real Estate Consulting, has an excellent Tweet thread on what’s happening in housing. TRUTH LIVES on at https://sgtreport.tv/ June home builder sentiment and survey results are […]

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