Now This Is An Ugly Chart For The Homebuilders

Courtesy of this morning’s latest missive from David Rosenberg, this chart shows how long it takes for homebuilders to find a buyer for their units.

There’s scarcely a green shoot in sight.

Suddenly the collapse in lumber prices is making more and more sense.

homebuilders

Photo: Gluskin-Sheff

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

housing moneygame-us