What Happened to the Housing Market – Broadening Weakness, Except In California

What Happened to the Housing Market

Housing Market Intro and Summary What happened in the housing market in May, 2024? Homebuilders suddenly soured on the prospects for the housing market. In my previous Housing Market Review, I pointed out signs of topping and sales headwinds. The data in May delivered a picture of broadening weakness as a follow-through to the warnings … Read more

What Happened to the Housing Market – Stocks Topping and Sales Headwinds

A topping pattern for the iShares US Home Construction ETF (ITB) includes the reversal of gains for the year and a breakdown below support at the 50-day moving average (DMA) (the red line).

Housing Market Intro and Summary What happened in the housing market in April, 2024? After four months of growing more positive, home builders proceeded into the spring selling season thanks to drag from the South. In my previous Housing Market Review, I pointed out a positive start to the spring selling season. April painted a … Read more

What Happened to the Housing Market – Positive Builders Greet the Spring | March, 2024

What Happened to the Housing Market - Positive Builders Greet the Spring (credit: Freepik, https://www.freepik.com/free-photo/medium-shot-people-painting-together_13658906.htm)

Housing Market Intro and Summary What happened in the housing market in March, 2024? Home builders grew more positive and greeted the spring selling season with a resurgence in housing starts. In my previous Housing Market Review, I pointed out breakouts in the stocks of homebuilders and a bottoming in existing home sales. Both developments … Read more