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Housing Market Volatility Flashes ‘Early Signs’ Of Recession As New Home Sales Unexpectedly Surge

Por: Forbes Business September 27, 2022

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Topline New home sales unexpectedly surged much more than economists projected in August even though same-day data showed prices collapsing due to a dearth in demand—fueling volatility that some experts argue could signal the housing market slowdown could hike up the odds of a recession. As prices plunge from record levels, one home builder says it's too soon to predict how long or ... [+] severe a recession could be.© 2022 Bloomberg... + full article



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