"This Doesn't Look Good"
May 14th 2021 10:35am EDT
“This Doesn’t Look Good” Under the hood of the University of Michigan Sentiment Survey, something really ugly appeared. While homebuilder sentiment (as measured among realtors by the NAHB) remains near record highs, home-buying sentiment has utterly collapsed as surging home prices have overwhelmed any benefits from low rates as urban exodus dominates local purchasing power. […]
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