U.S. Housing Market Is in a 'Meltdown': Economist - Newsweek

7/18/2022 12:00:00 AM2 years 9 months ago
by Katherine Fung
by Katherine Fung
June's homebuilder confidence saw the second-biggest single-month drop in history.
A top economist has warned that the U.S. housing market is currently in a "meltdown" that will continue to see a sharp drop in sales. Ian Shepherdson, the founder and chief economist of British firm… [+2985 chars]
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