Sales edge up, after sagging for months, amid Crazy Spiking Prices.
Defying economists’ expectations for sixth month in a row, inflation heats up instead of easing off. And it’s a lot worse than it seems.
Amid record surge in luxury house sales.
If these sentiments become reality, it’s going to be a sea change for demand and supply at these crazy prices.
First effect of MBS taper-talk from the Fed: Mortgage rates flat since late April even as long-term Treasury yields dropped.
What we’re looking at: Raging House-Price Inflation.
Price discovery in uncertain times.
According to “Bubble Ranking” by Bloomberg Economics.
Sales of “existing homes” performed the same trick. The phenomenon is getting established.
Internet BS made from twisted headlines is fun to spread. But reality is a lot more interesting.