Detailed view for this entity.
“home sellers now outnumber buyers by 630,000 the largest gap ever recorded.”
“we're also seeing housing prices fall. And that's both new and existing home prices.”
“the real estate market is the biggest in the world with over 400 trillion US dollar valuation in terms of the real estate market globally speaking.”
“suffering and the housing market is just out of control. So I I've even put forward that I think we should declare a national housing emergency and start treating the crisis that it is like we did after World War II when the troops came home and we just started building.”
“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.”