No doubt these numbers will be taken by the market as a...

No doubt these numbers will be taken by the market as a clear sign of a softening housing market and, by implication, an indication that higher interest rates are biting. We are much more skeptical: housing starts lag home sales, which have been depressed in recent months more by lack of inventory than by higher interest rates.

Ian Shepherdson Quote About Clear, Depressed, Doubt, Higher, Home: No Doubt These Numbers Will...

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