Don’t Be Fooled by the Rise in U.S. Housing Starts; Real Estate Is Still Headed for Recession

Don’t Be Fooled by the Rise in U.S. Housing Starts; Real Estate Is Still Headed for Recession


U.S. housing starts rebounded sharply in October, while building permits jumped to fresh 12-year highs, offering signs that the real estate market is racing back to health. But as CNBC noted in its coverage of the monthly report, the rise in real estate activity largely coincides with a gradual decline in mortgage rates. Without this […]

The post Don’t Be Fooled by the Rise in U.S. Housing Starts; Real Estate Is Still Headed for Recession appeared first on CCN.com

Posted by Sam Bourgi on November 19, 2019 @ https://www.ccn.com/dont-be-fooled-by-rise-in-us-housing-starts/

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