'We're seeing the fastest Fed-driven housing slowdown ever'

 The current U.S. housing slowdown is the fastest Federal Reserve-driven slowdown in history, according to Apollo Global Management. 

Chief Economist Torsten Slok looked at the change in existing one-family home sales during Fed tightening cycles plotted against months from the first Fed hike.

The chart shows a rapid drop in this tightening cycle compared to previous eras.

 Real Estate ETFs: (VNQ), (NYSEARCA:XLRE), (IYR), (USRT), and (HOMZ).

 

Fed-driven housing slowdown. (Apollo Global)
https://www.msn.com/en-us/money/realestate/we-re-seeing-the-fastest-fed-driven-housing-slowdown-ever/ar-AA1F02Uw?ocid=finance-verthp-feeds