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Has the US property market turned already?

Sløk chart extravaganza

The resilience of the US housing market to the most aggressive Federal Reserve hiking cycle in four decades has been remarkable, if not total. Now, it even looks like it’s back on the rise.

Apollo’s economics team led by Torsten Sløk just sent out a timely slideshow of housing charts showing how a lot of leading indicators are starting to bounce.

Look at the signs of improving confidence among both home buyers and home builders.

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