Search for:

Wolf Street

Tag Archive for market saturation

When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.

Here’s why: New house prices -18% from peak, back to Nov 2021, further sweetened by mortgage-rate buydowns.

This Has Been Years in the Making.

Nasdaq fell 2.05%, back to where it had been in September 2021. We have some new WTF Charts of the Year.

After ON RRPs go to zero, reserves will decline, further reducing the Fed’s interest expenses and losses. But it’s not straightforward.

Price reductions of existing homes jump to 31.7% of active listings, highest since 2017.