April 18, 2023 – US housing has seen a moderate surge in activity as mortgage rates have fallen from their highs. Chris Puplava, CIO of Financial Sense Wealth Management, shows an array of recent data on housing affordability, new and existing home supplies, along with a series of lead-lag relationships with rates and other leading indicators suggesting that the current upturn is unlikely to be sustained. Watch this important video to understand how housing fits into the broader outlook for the US economy and how you can use leading economic indicators to sort through a lot of the noise and speculation discussed in the news today.
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