We're Heading Into a Housing Recession: NAHB CEO

The video discusses the potential for a housing recession and its implications for the broader economy. It highlights the challenges of supply shortages and rising costs, which are affecting builders' confidence and market dynamics. The discussion also covers the impact of interest rates on housing demand and the strategies builders might adopt in response to a recessionary climate. The video concludes with an analysis of future economic indicators, particularly labor markets and unemployment, as signals for the direction of the economy.

What are the implications of rising interest rates on housing demand?

What challenges do builders face with contracts and material costs?

What signals should be monitored to assess the likelihood of a recession?