‘Housing Is the Canary In The Coal Mine’ Hey Jerome Powell, Are You Listening?

U.S. home sales and home price data have provided more evidence that the housing market is losing steam and could be the ‘canary in the coal mine’ of the economic downturn and coming recession, Tri Pointe Homes Inc (NYSE: TPH) CEO Doug Bauer says. Bauer said consumers are psychologically challenged by high interest rates and are…