There is a multi-year trendline which has taken the ascent of homebuilders and brought it to a screeching halt for two weeks now. Here is the XHB:
Halted Homebuilders
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Real Estate Panting
Below is a chart of the real estate fund IYR. I’ve been watching the price gap from September of $82.69, and this week we sealed it up nice ‘n’ neat. If this dashed line holds, we should see a renewed degradation in these prices.
Office Space. Lots Of It.
Toil and Trouble
