U.S. Housing Starts Climb to Three-Month High in June

The video discusses the current state of the housing market, highlighting a rise in housing starts and a decline in building permits. It explores the volatility of housing starts, the impact of external factors like pandemics and weather, and the constraints faced by the market due to shortages in construction materials and labor. Despite these challenges, demand remains high, and the backlog of authorized but not started homes suggests a positive outlook for the housing sector, although prices may rise due to shortages.

How does the demand for housing compare to the supply?

What implications do rising prices have for the housing sector?