Vital Signs: Has Housing Hit Bottom?

On deck: leading indicators index, FHFA home price index, new and existing home sales, and durable goods orders

The week ahead is light on economic reports, but the few that are forthcoming will be very important to the outlook. That’s because the data center on housing. It was the housing bust and its financial repercussions that dragged the economy into recession, and housing will provide some of the first signs that the downturn is bottoming out.

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