U.S. Housing Starts Slip to Two-Year Low in December

The video discusses the housing market's weak performance around the year's end and hints at a potential recovery in spring, as indicated by the home builders' sentiment index. It highlights concerns about quirky and delayed data affecting retail sales and the need to interpret such data cautiously. The discussion also covers the impact of the tightening labor market on consumer behavior and housing, noting that while wages are rising, disposable income isn't necessarily boosting housing investments. Finally, it addresses the volatility in housing starts and the potential positive effects of the Federal Reserve's dovish policy shift on mortgage rates and the housing market.

What challenges does the teacher identify regarding the interpretation of housing start data?

What is the teacher's outlook on housing prices moving forward?