US Housing Starts Drop 1.58% In September (Permits Drop 7.67%) As Interest Rate Increases And Inflation Loom

Sharing is Caring!

by confoundedinterest17

US housing starts slowed in September to at a -1.58% MoM rate. Permits dropped 7.67% MoM.

Now that interest rates are expected to rise … in late 2022, we may be a slowing in the housing market.

See also  New Zealand interest rate hike raises pressure on central banks over inflation

Here are the numbers.

The US Treasury 10Y-3M slope is rising as inflation rises (that inflation curve looks like the ARCTAN function from prepayment modeling!)

See also  Since Inflation Is So High Now, The Elite Have Some Suggestions For How You Can Save Money This Thanksgiving…

 

326 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.