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Economists: A US Housing Recession Has Already Arrived

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December 7, 2022

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The Housing Market Index, a closely watched industry metric that gauges the outlook for home sales, declined to 33 in November on a hundred-point scale, its lowest level in a decade, save for the first dystopian month of the pandemic. Anything under 50 spells trouble.

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Economists: A US Housing Recession Has Already Arrived · The Hill · Sentinel