Home affordability has dropped to levels roughly 3 times worse than during the GFC.
Home stats have become troubling.
Source: Morgan Stanley pic.twitter.com/MmKhUDrSKF
— Ayesha Tariq, CFA (@AyeshaTariq) February 27, 2023
🎶 Do you remember 🎶🎶
We have seen this before. It doesn’t end well. 🧐 pic.twitter.com/4gZJaKrZQI
— Wall Street Silver (@WallStreetSilv) February 27, 2023
All-cash US home sales are at their highest in almost a decade, suggesting that more individual buyers are self funding to dodge punishing mortgage rates https://t.co/n7riGMrjHw
— Bloomberg Markets (@markets) February 28, 2023