National Association of Home Builders CEO Jerry Howard says we’re heading into a housing recession and home builders are going to start holding off on new projects. He speaks on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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Do you agree?
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Mortgage rates and consumer sentiment will drive demand going forward. Prices are starting to come off the boil already. So a slowdown in some markets seems plausible even as total supply is still running short.
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