Is the U.S. Housing Market Losing Momentum?

The video discusses the decline in US sales in November, highlighting the slowest annual pace since May. Despite this, the housing market shows positive trends, with strong home builder sentiment and lean inventories. The millennial demographic is expected to drive housing demand, but there is a shortage of new homes. The video emphasizes looking at long-term trends rather than short-term data points.

What was the percentage decline in sales across the US in November?

• 6.1%

• 7.3%

• 5.2%

• 4.5%

Which year marked the beginning of the upward trend in existing home sales?

• 2014

• 2012

• 2010

• 2008

What is the sentiment among home builders despite a slight dip in sales?

• Pessimistic due to high inventory

• Weak due to economic downturn

• Neutral due to stable demand

• Strong due to lean inventory

How many single-family starts are being built annually compared to the number of millennials turning 30?

• 700,000 starts for 4.2 million millennials

• 800,000 starts for 3.5 million millennials

• 1 million starts for 5 million millennials

• 500,000 starts for 3 million millennials

What generational shift is occurring in the housing market?

• Millennials moving into baby boomer homes

• Gen X moving into millennial homes

• Millennials moving into Gen X homes

• Baby boomers moving into Gen X homes