Home affordability has dropped to levels roughly 3 times worse than during the GFC.

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 Mav (@WallStreetMav) 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