HOUSING TYPICALLY HAS BEEN THE mos...

HOUSING TYPICALLY HAS BEEN THE mostly volatile sector of the U economy, leading the overall economy into recessions and losing an inordinate amount of earth during cyclical contractions. The United States vandalic into recession last March and the contraction make more graveed as 2001 rolled along, while housing had a excessively good year. But this does not mean that the cyclical mold has been stumbling

NEW PATTERNS?

In the past, housing production has been highly cyclical because housing normally is financed