Jul. 30 at 2:02 PM
My latest on the U.S. housing market...
https://drduru.com/onetwentytwo/2025/07/29/what-happened-in-the-housing-market-bearish-to-bullish-reversal/
What happened in the housing market for July, 2025? The housing data looked as bad as ever, but the stock market has finally responded favorably to the stocks of home builders. This forward-looking display of “green shoots” forms the basis of a “bearish to bullish reversal.” The catalyst for this change in market sentiment is less about good news and more about news that is not as bad as feared. In my last Housing Market Review I formally noted the foregone conclusion of a disappointing spring selling season. The latest data put an exclamation point on that end, and now markets can start to imagine spring representing something “close enough” to the worst case market conditions in the current economic conditions. More....
$ITB $DHI $PHM $XHB #realestate #housingwatch #housingmarket #economy #homebuilders #mortgage