A Recession Bellwether is Flashing Red

October 20, 2022

Politico, Oct. 20, 2022–Kate Davidson, Sam Sutton
“The reality is the housing market certainly is in a recession” and is contracting rapidly, Diane Swonk — now chief economist at KPMG — said Wednesday. “It won’t be long before we see a national decline, and the national decline next year could easily be 10 to 15 percent without breaking a sweat.” (MBA mention)
https://www.politico.com/newsletters/morning-money/2022/10/20/a-recession-bellwether-is-flashing-red-00062685