
The housing market isn't slowing down anytime soon
CNN
Is the housing market finally losing steam?
Home improvement retail giant Lowe's (LOW) issued a disappointing sales outlook Wednesday morning. Meanwhile, home builder Lennar (LEN) reported results Wednesday afternoon that missed forecasts. The company cited supply chain issues and higher lumber costs. Lennar shares fell 4% Thursday.
But before you start shouting from the rooftops of the arguably overpriced home you live in that the housing bubble is bursting, consider this: The government reported Thursday morning that housing starts and building permits in November both rose more than expected from October levels.
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