Housing Starts Up, Permits Up
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housing marketFoxbusiness
•Business
Business & Economics
Housing is increasingly becoming a buyer's market: Danielle DiMartino Booth
72% Informative
Housing starts climb by a more than expected 9.8% month over month .
Building permits actually ticked up slightly versus expectations for a decline.
There's a question, could the chill in the housing space be thawing out? Qi Research CEO and Chief Strategist Danielle Dimartino Booth shares her reaction to all this.
American families are deleveraging. This is the first time that we've seen them cutting back on on their debt last.
The last two precedents are 2001 and 2008 , and those are not good precedent.
I think the consumer is going to be faced with tighter lending standards into 2025 . That's not good.
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