Aug. 3 at 2:37 PM
My latest post on the U.S. housing market: "What Happened in the Housing Market – Peak ROAD"
* The ROAD housing market outlook remained largely unchanged as homebuilder stocks, construction activity, and housing data continued to reflect a prolonged period of stasis.
* The passage of the 21st Century ROAD to Housing Act coincided with another peak in housing stocks, but the broader three-year trading range remained intact.
* Homebuilder sentiment weakened in July as elevated mortgage rates, affordability pressures, labor shortages, and construction costs continued weighing on confidence.
* Single-family housing starts remained essentially flat while permits stayed near three-year lows, suggesting limited near-term expansion in new construction.
* New home sales improved modestly in June, but year-over-year sales remained weaker and affordability continued to constrain demand.
More....
https://drduru.com/onetwentytwo/2026/08/03/what-happened-in-the-housing-market-peak-road/
#housingwatch #economy
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