Home › Forums › Housing › Schwab Article about cooling market.
Some good data here:
https://www.schwab.com/resource-center/insights/content/with-or-without-you-can-economy-still-hum-if-housing-falters
If you look at the chart (for SD anyway).
It almost looks like a Stock chart where prices are hitting resistance.
Time will tell I guess, kind of looks like a blip (pullback before next run up) to me.
Excellent read, looks like supply for new housing is way above the current housing supply, looks like 6 months from the graph. When new home sales go down to 0% y/y then it’s time to start worrying about the economy.
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