Is the US Housing Market Flashing a Warning Signal? | Presented by CME Group
Bloomberg Television·2025-06-30 17:03
May's 13.7% month- over-month plunge in new home sales, the worst since November of 2024 and the third worst since March of 2021, suggest the housing market may be sending an early distress signal. While these recent declines alone won't trigger a recession, it's a notable shift in momentum. Housing is often a leading economic indicator and softening starts could point to a broader caution among builders facing tighter credit, higher rates or slower demand.It's not time to panic, but ignoring the trend woul ...