in a previous post, I covered "Home Prices Peaking Relative To Household Income"
In this post we see Home prices to rent have also peaked at previous highs double peaking.
The first peak was caused by lower interest rates. The second peak was caused by low rates plus Massive Deficits
with helicopter money.
Note how excessive deficits and lower rates since 2000...
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...
While it might not be the subprime/GFC “SELL” kind of situation, the real estate sector is undoubtedly facing headwinds.
With the most recent Fed’s preferred inflation measure, the Personal Consumption Expenditure (PCE) printing higher than consensus, maybe it’s about time we take the Fed’s hawkish commentary more seriously. To review, let us look at...
i think this ones pretty simple. we can get whatever kind of home price report feasible, and the result is technical daily continuation to the downside. this can go one of two ways; bad, and worse.
