New Home Sales Make it Clear: Housing is in a Recession

HousingWire, July 26, 2022–Logan Mohtashami
Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession.
https://www.housingwire.com/articles/new-home-sales-make-it-clear-housing-is-in-a-recession/?