Items Tagged with 'BUILDFAX'

ARTICLES

  • This housing market clue predicts pending economic slowdown

    A key indicator of economic health is steadily declining, and it's raising red flags
    When it comes to the health of the economy, the housing market is the canary in the coal mine, providing clear and early clues of pending trouble. And that's why analysts track its performance intently, looking at a multitude of indicators that might signal the looming recession some are forecasting. Now, one critical clue from the housing market has emerged to suggest economic growth is likely to backslide, leaving analysts to conclude an "economic slowdown is likely forthcoming."
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  • Housing activity declines, recession probability increases

    Downward trend could be a troubling sign of a looming economic downturn
    Single-family housing authorizations decreased 0.95% in December, falling for the second consecutive month and down 3.76% year-over-year, according to a recent report by BuildFax. Assuming a number of indicators follow a projected pattern, BuildFax said there is a 43% probability of an economic recession between 2019 and early 2020.
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