Delinquency Rates Are Going Vertical And Have Surpassed The 2008 Financial Crisis, Auto Sales And Housing Demand In Freefall, And The Fed Will Hike The Rate Again In September?!

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Housing demand sees biggest drop in more than 2 years

Housing demand fell 9.6 percent in June, compared with June 2017, according to a monthly index from Redfin. That is the largest decline since April 2016.
The number of people requesting home tours fell 6.1 percent annually in June.
While supply declined overall, Redfin noted a large increase in listings in some of the most supply-starved markets, which is where home prices have overheated most.

 

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