Housing bubble getting ready to pop, used cars already popped, and inflation goes global gasoline spikes to record $4.49, just in time for summer driving season. crude oil jumps. not going to help cpi in may housing bubble getting ready to pop: mortgage applications plunge amid holy moly mortgage rates, croaking stocks, ridiculous home prices. Unsold inventory of new houses spiked in a historic month to month leap of 34,000 houses, and by 127,000 houses from april last year, to 444,000 unsold houses, seasonally adjusted, the highest.
Unsold inventory of new houses spiked in a historic month to month leap of 34,000 houses, and by 127,000 houses from april last year, to 444,000 unsold houses, seasonally adjusted, the highest since may 2008. April 19, 2023. 06:11 am. although construction increased during the pandemic, canada's housing supply shortage worsened in 2022, with inventories of unsold new homes falling to historic lows across the country. in canada's six largest cities, the number of unabsorbed new units, which includes freehold houses and condominium units, declined by. Housing bubble getting ready to pop: unsold inventory of new houses spikes by most ever, to highest since 2008, with 9 months’ supply, sales collapse at prices below $400k. “a massive housing bubble has developed and is about to pop in the south,” gerli, ceo of reventure consulting, wrote on x. “the number of new homes for sale in the southern region has spiked.
Housing bubble getting ready to pop: unsold inventory of new houses spikes by most ever, to highest since 2008, with 9 months’ supply, sales collapse at prices below $400k. “a massive housing bubble has developed and is about to pop in the south,” gerli, ceo of reventure consulting, wrote on x. “the number of new homes for sale in the southern region has spiked. A massive housing bubble has developed, and is about to pop, in the south. the number of new homes for sale in the southern region (fl, ga, tn, tx, etc.) has spiked up to nearly 300,000. There is now a huge supply of new houses for sale, in all stages of construction, over 9 months’ supply in total, according to the census bureau. in terms of the number of houses, by june, there were 463,000 new single family houses at all stages of construction for sale, the highest since may 2008, and up by over 30%, from a year ago.
A massive housing bubble has developed, and is about to pop, in the south. the number of new homes for sale in the southern region (fl, ga, tn, tx, etc.) has spiked up to nearly 300,000. There is now a huge supply of new houses for sale, in all stages of construction, over 9 months’ supply in total, according to the census bureau. in terms of the number of houses, by june, there were 463,000 new single family houses at all stages of construction for sale, the highest since may 2008, and up by over 30%, from a year ago.
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