My 2 cents since I started this thread is that with the Case-Shillers for April being almost neutral Mo-to-mo I have to cede that SDR may be right on the short term pricing/demand.
I do have a term for those people who are doing the buying and they are what we call “Knife catchers” for the intermediate to long term. It is what it is though and you have to accept the tape/trend for short term if next months numbers show real neutrality or price growth.
