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U.S. housing unit completions dropped 31.2% from their August 2024 peak, Edward Dowd notes

U.S. housing unit completions dropped 31.2% from their August 2024 peak, Edward Dowd notes
U.S. housing completions fall since June

Total U.S. housing units completed have declined by 13.3% from June to the end of September, including both single family and multi family units. The total decline from the August 2024 peak to September reached 31.2%. From the August 2024 peak to June, the decline was 22.3%.

This information was reported by Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive.

Dowd has previously challenged comments by Nvidia CEO Jensen Huang, disputing claims about CoreWeave's cost of capital. He has also identified what he sees as a June peak in the semiconductor sector, attributing it to speculative, debt-driven demand. Dowd frequently comments on market inflection points and financing conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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