finance

New house prices are falling at the fastest rate even faster than during  the GFC!!

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

perfect timing with my degen going up

this millenial may get a home after all 🙃

i’ll finally be able to afford one, normilio

Do you think this is already propagated in Europe? 
I've noticed last summer some listings started discounting after being out for 3-6-9 month up.

It is not about the price; it is about the velocity of the movement.

And finally the whole scam of the NAR is sinking like the Titanic it is, and has been. 🥳🥳🥳

are they? they still seem really high. 

i imagine the data is so divergent depending on location

Product manager, romantic thinker, crypto enjoyooor

It has to be sellers finally capitulating and lowering prices. Rates have been high for a year now, and at least up here in Boston, it's been a cash market. You eventually run out of buyers willing to pay for a house in cash, and it was clear sellers were just refusing to lower prices. Eventually it had to break

What could be causing this dip while the supply of new houses YoY is also down?

still so so high, this retracement is needed. Still wouldnt consider it a crash at all