Housing Market Slips As Fed Starts Choking Asset Prices

The Fed has only hiked 0.25% and the housing market is already staring to slip. A market this insanely hot only needs a little bit resistance in order to stumble. Once investors smell blood, there will be a rush for the exits.

https://www.zerohedge.com/personal-finance/us-pending-home-sales-plunge-4th-straight-month