US Real Estate Cracking Key Area!
Updated
This chart has a history of breaking upper trendlines before pushing lower. It keeps making a series of lower highs. This time is no different.
1 in 10 homes is now worth at least $1 million
Newly listed homes -24.8% YOY
Number of homes for sale -18% YOY
If it were not for such a low supply of homes this chart would have collapsed a long time ago. However, this does not mean it won't. Wait until a recession hits and then we will see.
1 in 10 homes is now worth at least $1 million
Newly listed homes -24.8% YOY
Number of homes for sale -18% YOY
If it were not for such a low supply of homes this chart would have collapsed a long time ago. However, this does not mean it won't. Wait until a recession hits and then we will see.
Note
Another great call!
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.