It’s still early innings for the housing market downturn. Here’s when Wells Fargo thinks it will end

Econ & Housing

We’re already seeing it. Not long after mortgage rates spiked this spring, the U.S. housing market slipped into a housing downturn. That housing downturn has seen new and existing home sales slump across the country. In some markets, like Seattle and Las Vegas, it has already spurred a home price correction. The silver lining for…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
The slumped housing market reaches a critical juncture
Timber framed homes could save ‘millions of tonnes of CO2’ – Ibec –
Lumber Futures – March 23, 2023
San Antonio homes are staying on the market for months, report says
Close to 190 banks could face Silicon Valley Bank’s fate, according to a new study