If you average the past 5 cycles, housing leads the stock market by 9.6 months. The housing ETF peaked in January 2018 and the S&P 500 may have peaked in September.
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, it doesn’t quell investors’ nerves about the direction of the housing market which is caused by more recent weakness. On a seasonally adjusted basis, 20 … Read more