The Housing Market's Ticking Clock: A Warning Sign for Wall Street The latest numbers on US housing sales are about to drop, and they won't be encouraging.
The National Association of Realtors' upcoming report will reveal the full extent of the housing market's struggles – a perfect storm of rising mortgage rates and soaring home prices.
This has significant implications for Wall Street, which is closely watching the situation. The data on new home sales offers some insight into the state of supply and demand in the housing market.