View Single Post
Old 07-20-2023, 10:46 PM   #674 (permalink)
vtec to vvel
A True Z Fanatic
 
vtec to vvel's Avatar
 
Join Date: Feb 2015
Location: 813
Posts: 3,909
Drives: 13 Z
Rep Power: 502909
vtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond reputevtec to vvel has a reputation beyond repute
Default

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.
__________________
Don't like what I post? Too bad. I really don't give a sh!t
vtec to vvel is offline   Reply With Quote