Housing units under construction are down 9.6% since the yield curve inverted 20 months ago
It was a slow start, which contributed to the cycle lags, but now we're seeing a catch-down toward the normal post-YC inversion cluster
Time will tell if rate cuts stabilize this trend pic.twitter.com/Vc0KoVkfP6
— Eric Basmajian (@EPBResearch) August 16, 2024
UBS will Liquidate a $2 Billion Real Estate Fund Amidst Office Market Rout #MacroEdge
— MacroEdge (@MacroEdgeRes) August 16, 2024