The beginning of some positive signs of improvement in the housing sector are very welcome after such a long period of entrenchment. But when we look at the numbers from the perspective of past performance one can see that we have a way to go to get out of the valley. The ‘amazing-ness’ of this graph’s depiction of the precipitous drop in housing starts is truly mind numbing. The question to ask is - how do we return to the consistent growth trend line levels of earlier times? While understanding that the steep growth trend that took place from 2002 – 2006 was not built upon a viable financial model.
• September Housing Starts Surge Was Marginally Significant
But Not Credible
But Not Credible
Shadow Government Statistics, American Business Analytics & Research LLC
No comments:
Post a Comment