Good finds! This will be an interesting thread to follow.
All this makes me wonder how some economists say RE will go up 5% this year, a slower rate of appreciation. Or the flat landing scenario.
Here we have proof of some units falling 8.5%.
Why can’t they be honest and say, “We expect nationwide depreciation of 2%, and some pockets of cities may even see a 10% drop by summer”. Wouldn’t that be more honest, and accurate?