“New-home prices averaged a 27% premium above resale [house] prices dating back to 2010. The spread has narrowed to just 4% today” writes

发布时间: 2023-07-20 17:41:21

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“New-home prices averaged a 27% premium above resale [house] prices dating back to 2010. The spread has narrowed to just 4% today” writes
时政
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1年前由 Lance Lambert 提交

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Inflation adjusted home prices are now 85% above their average dating back to 1900.

Even after accounting for inflation, home prices have never been more expensive than they are now.

In fact, inflation adjusted home prices are now 20% above their 2008 peak, the previous all…
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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.

Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.

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If home prices decrease by 5%, more than 200,000 households could be at risk of falling into negative equity, essentially 'going underwater' on their home loans, per CoreLogic.
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1年前 • unusual_whales • -- 点击 0 评论

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BREAKING: Average interest rate on a 30 year mortgage rises to 7.83%, its highest since October 2000.

We are on track to see 8%+ mortgages by next week as treasury yields break above 2008 highs.

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With rising prices in recent years, 🇺🇸 US homeowners are now sitting on almost $30 trillion in home equity.
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MARKETS: Cocoa prices hit new record high, are now up 38% over the past month.
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Live cattle just closed at their highest price on record and are now up ~20% this year alone.

Meanwhile, olive oil prices are up 100% and orange juice prices are up 70% this year.

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112 Greenwich Ave, New York, NY 10011, United States
纽约的朋友可以去支持一把，愿意的话拍个视频分享一下
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1年前 • 悉尼奶爸 SydneyDaddy 雪梨奶爸 🇦🇺 • -- 点击 • 下载视频 0 评论

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From the streets of Manchester, we rose 🌹

Our new 2023/24 home kit, out now ⬇️

#MUFC
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1年前 • Manchester United • -- 点击 0 评论

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