Nationwide Mutual Insurance: The Housing Cycle is Likely Past Its Peak, But Market Outlook Remains Positive
September 19, 2019
September 19, 2019
COLUMBUS, Ohio, Sept. 19 -- Nationwide Mutual Insurance issued the following news release:
Data from the latest Health of Housing Markets Report (HoHM Report) from Nationwide Economics says that, while housing fundamentals are still in good shape, existing home sales are likely in year two of a downward trend. The peak in housing activity for this cycle was in early 2017, as measured by single-family existing home sales relative to total households, and this peak was the weakest in . . .
Data from the latest Health of Housing Markets Report (HoHM Report) from Nationwide Economics says that, while housing fundamentals are still in good shape, existing home sales are likely in year two of a downward trend. The peak in housing activity for this cycle was in early 2017, as measured by single-family existing home sales relative to total households, and this peak was the weakest in . . .