I’ve been asked to update the second graph in this post: Housing and Recessions As I noted in earlier posts, when the YoY change in New Home Sales falls about 20%, a recession will usually follow. The one exception for this data series was the mid ’60s when the Vietnam buildup kept the economy out […]
source https://thebtrader.com/2019/07/24/new-home-sales-and-recessions/?utm_source=rss&utm_medium=rss&utm_campaign=new-home-sales-and-recessions
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