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We have been under conservatorship, with the Federal Housing Finance Agency acting

as conservator, since September 6, 2008. As conservator, FHFA succeeded to all rights,
titles, powers. | May 2, 2023 ....

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U.S. Housing Market Is A Dead Man Walking

New home construction is outpacing population growth and going to lead to overbuilding. Read more to see why I expect a recession by 2023. ....

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New housing starts fall on lumber

New housing starts fall on lumber
New housing starts fall on lumber
Joe Perry
May 18, 2021 11:44 PM
But with prices moving lower in lumber this month, the data for May could be stronger!
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US Housing Starts for April were much worse than expectations, coming in at an annualized rate of 1.569M vs an expectation of 1.71M and a revised 1.733M in March. This turns out to be -9.5% for April vs -2.8% expected after a revised 19.8% in March! Could this be the beginning of worse than expected housing data for the month of April? On Friday, the US will release existing home sales for April. Next Tuesday, the US will release New Home Sales and next Thursday the US will release Pending Home Sales. Today’s data was expected to be weaker than that of March, however, it wasn’t s ....

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