Much to the chagrin of would-be homebuyers, property prices just keep rising. It seems nothing - not even the highest mortgage rates in nearly 23 years — can stop the continued climb of home prices.
Prices increased once again in July, according to the latest S&P CoreLogic Case-Shiller home price index , with 19 out of 20 markets measured showing...
For OVER 50 years...
While a single family home denominated in #fiat has gone from bottom left to top right on the chart, it has remained in a sideways channel priced in #Gold.
Just another example how YOUR purchasing power is getting ERODED by #centralbanks and #governments.
What you see below is #centralbanks and #governments destroying YOUR purchasing power.
No reason a house should cost you that MUCH MORE than it did back in 1968.
Pricing things in #Gold and #Silver removes the #fiat currency illusion.
The "REAL" way to measure if US single family homes are cheap or expensive.
Right now, in perfect equilibrium.
Nominal US Single Family Home Index
Fair Value US Single Family Home (priced in gold)
#gold
In this post, I will present a market analysis with a focus on recession metrics and indicators. Right now, many of them are sending a recession warning.
Home Prices -
U.S. home prices are surging higher at the fastest quarterly rate of change on record. (See chart below)
This extreme rate of change in home prices is occurring as U.S. 30-year fixed mortgage...
analysis of US housing corrections since 2007. taking the standard deviation from the analysis we can predict where this current correction or possible crash will take us in price and in time.
#10 Mortgages
The chart below shows the average single-family U.S. home price multiplied by the 30-year fixed mortgage rate. This chart attempts to show how dramatically higher the financial burden of home ownership has become in the United States. Using a cross chart allows us to better visualize the rate of change. Each cross represents one month.
We...
