Jeroen Blokland, founder of True Insights.

Chart of the Week: Housing as the next domino

Jeroen Blokland, founder of True Insights.

Activity in the US housing market is rapidly declining. New home sales fell more than 12 per cent in July, the biggest drop since February last year. It was also the sixth decline in seven months. Compared to the peak, 51 per cent fewer new homes were sold.

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