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The U.S. new homes market is showing signs of stagnation. That can be seen in the trend for the market capitalization of new homes sold in the U.S., which moved sideways from August to September 2021.
Speaking of real shrinkage, the number of new homes being sold in the U.S. has continued to decline from its November 2020 peak.
The new home market has become a source of headwinds for the U.S. economy in 2021.