Housing is a part of the economy that never came out of its recession. Cathie Wood's word for existing home sales is "terrible." Mortgage rates have turned back above 7%. New one-family home inventory is near all-time highs. Builders are cutting prices to move it, and it is still piling up. She expected existing home prices to start falling as rates rose. They have ticked up slightly instead. She still thinks the decline is coming. Everyone is waiting for rates to rescue housing. The inventory is telling a different story. Watch the October In The Know with @CathieDWood.