30% of all single-family homes on the market are now new.
Powell:
— Sven Henrich (@NorthmanTrader) August 25, 2023
We will continue until nobody can afford a house.
With new home sales soaring and rest of market mostly frozen, 30% of all single-family homes on market are now new, which is among highest share throughout history and well above average @biancoresearch @nardotrealtor @uscensusbureau pic.twitter.com/7yrqF1hxr6
— Liz Ann Sonders (@LizAnnSonders) August 25, 2023