Here's something worth paying attention to: pending home sales in the US took a nosedive in December—the steepest drop since April 2020. What's striking? This happened right when the housing sector was actually starting to show some signs of life. The bigger picture here is that housing momentum just got hit with a reality check, and it's worth thinking about what this means for the broader economy and investor sentiment going forward.
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potentially_notable
· 2h ago
The housing market's recent decline was indeed a bit sudden, and just as the rebound was starting to heat up, it cooled off again.
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TradFiRefugee
· 2h ago
The housing market's decline is quite severe... Just when it was about to recover, it got slapped in the face, and it feels like the entire economy is trembling along.
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LiquidityHunter
· 2h ago
The house cooled down before spring even arrived; no one saw through this reversal.
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ProofOfNothing
· 2h ago
The housing market has crashed again, and now everyone is panicking. Are we going back to the old ways of 20 years ago?
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LiquidatorFlash
· 2h ago
The steepest decline since April 2020? The risk control threshold for the collateralization rate needs to be recalibrated. The liquidation risk is probably unmanageable.
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GasFeeWhisperer
· 2h ago
This wave of correction in the housing market indicates that there is still macroeconomic pressure. When interest rates loosen, everyone wants to buy the dip, but they end up getting their hopes dashed.
Here's something worth paying attention to: pending home sales in the US took a nosedive in December—the steepest drop since April 2020. What's striking? This happened right when the housing sector was actually starting to show some signs of life. The bigger picture here is that housing momentum just got hit with a reality check, and it's worth thinking about what this means for the broader economy and investor sentiment going forward.