Goldman's Heat Map For Housing Market Ahead Of Spring Selling Season
Sales of US existing homes last year slumped to their lowest level since 1995. With the Federal Reserve expected to slash interest rates twice (2x 25bps) this year, homebuilders will likely thrive while the secondary market remains subdued.
Goldman's Susan Maklari, Charles Perron-Piche, and others released a note this week highlighting single-family permits as a key real-time indicator of housing supply and demand trends across the broad US market and individual regions.