A steady stream of negative data confirms slowing activity in the U.S. housing market, compelling MRP to add Short US Housing as a theme. Given rising mortgage rates, skyrocketing building costs, tight inventories, and overheating home prices, it is only a matter of time before the U.S. housing recovery that Joe McAlinden identified in the Spring of 2012 comes to a halt. In fact, a steady stream of negative data confirms that activity in the housing market is already slowing . . .

To read more, sign up for aFree 30-Day Trial   of MRP's research, orLog In