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Old 07-20-2023, 11:46 PM   #674 (permalink)
vtec to vvel
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https://www.cnn.com/2023/07/20/homes...une/index.html

"US home prices stay near record high, even as sales drop in June."

I've said this for a while, and not just about home prices, but also car prices: DON'T EXPECT PRICING TO COME DOWN ANYTIME SOON. Rising rates is a secondary issue, and the primary and biggest issue is the supply chain and the inventory that is available (in addition to the chip shortage for cars). Theoretically, rates rising should curb demand, which should lower pricing, but the supply shortage is causing for pricing to hold steady.
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