Berkshire Hathaway (BRK.A.US) spends $6.8 billion to acquire the sixth largest publicly traded real estate company in the United States. Wall Street: may signal the bottom of the U.S. housing market.

Wisdom Financial APP learned that in the face of continued pressure in the US real estate market, Berkshire (BRK.A.US, BRK.B.US) made a shocking move by spending $6.8 billion to acquire Taylor Morrison (TMHC.US), the sixth largest publicly listed residential developer in the United States. Industry insiders generally believe that this deal is not only unexpected, but may also release an important signal that the US real estate market is approaching the bottom of the cycle.