Based on my research I have concluded that home prices are dropping. I have also concluded they will continue to drop. This will last for some time until eventually supply and demand are in line at which point they will stabilize. This will either be a slow drop in real price or a quick drop in nominal price. It may also be a combination of the two. Further research shows that interest rates will play a huge role in this price drop. My analysis shows that there is an inverse relationship between interest rate and prices. Other factors such as location and condition of the property also have some bearing on the price level of the home. As the price cycle on real estate tends to have a period around a decade, I will update these observations daily to make sure we can track the direction of prices, rate of decline/incline and correctly identify the peaks and troughs. To learn more about my acute observations and the data that drives them, please sign up for premium content when you visit my new website-deadhorsebeating.com
