Signals › Housing & Construction
Inventory overhang forces price and construction cuts.
Months' Supply · observation 2026-08-01, published 2026-09-24
Last 24 observations.
Reassuring. It holds the probability down.
Housing & Construction: Track the sector that leads the cycle more reliably than any other. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.