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HW-Logan-Q-and-A

In this HW+ Slack QA, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more.

As a member of HW+, you can us join for regular 30-minute Slack QAs, where we invite the HW Media newsroom to break down the hottest topics in the industry. The QA was hosted in the HW+ Slack channel, which is exclusively available to members. To get access to the next QA on April 20th, you can join HW+ here.

The following QA has been lightly edited for length and clarity. This QA was originally hosted on April 6th.

HousingWire: To begin, how is the supply data looking this year now that we are in April?

Logan Mohtashami: Supply has gotten worse and worse this year, every single week in 2022 on a year-over-year basis. The most recent data shows us down 17.6% on a year-over-year basis, and we are in April! This was the last thing we needed to see for the Housing Market, which went from unhealthy to savagely unhealthy.