Detailed view for this entity.
“Homes are we, you know, in our in our report, we talk about home affordability. It's about 30% overpriced and we think home prices need to correct 30%. and it'll overshoot to the downside and it's going to, you know, it can either happen fast or slow, but I think it's going to pick up and accelerate.”
“and we're talking here about residential the affordability is at the lowest in history in the US. It means that wages they have gone up but they haven't gone up as much as the prices of real estate.”
“Homes are we, you know, in our in our report, we talk about home affordability. It's about 30% overpriced and we think home prices need to correct 30%. and it'll overshoot to the downside.”
“Good. Um yeah, that's a bearish trend signal on that and on ITB open is open doors uh signal. bond yields shocked um you know, housing stocks back to bearish trend.”