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Big Trouble in Real Estate

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Big Trouble in Real Estate

(New York)

Another month, anther patch of really rough data on the US real estate market. New data from December has just been released, and shows a clearly negative trend for the market. Housing starts dropped 11.2% in the month, and overall, the market saw the worst price growth (4.7% in major metropolitan areas) since 2014. Stock market turbulence and higher rates plagued the market at the end of 2018.

FINSUM : We have seen many months of deteriorating real estate performance. The big question now is whether the market can rebound in time for the peak spring selling season.

  • real estate
  • housing
  • property
  • Mortgages
  • fed
  • rates

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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