Residential Construction Splits: Multifamily Starts in 2022 Jump to Highest since 1980s Boom, Single-Family Starts Drop by Wolf Richter • Jan 19, 2023 • 147 Comments What this means going into the slowdown.
San Francisco Bay Area House Prices Plunge 30% from Crazy Peak: Housing Bust 2 by Wolf Richter • Jan 19, 2023 • 201 Comments Hammered by waves of layoffs, swooning stocks, collapsing cryptos, and 6% mortgage rates.
The Most Splendid Housing Bubbles in Canada, January Update: Prices Plunged, Housing Bust Gets Real by Wolf Richter • Jan 17, 2023 • 122 Comments He who panicked first, panicked best? Some charts are just kind of funny.
Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues by Wolf Richter • Jan 11, 2023 • 241 Comments It just keeps getting worse.
The Most Splendid Housing Bubbles in America, December Update: Now Dallas, Las Vegas, Phoenix Plunge Fastest. San Francisco, Seattle, San Diego Down Most from Peak by Wolf Richter • Dec 27, 2022 • 209 Comments No dear, this is not seasonal.
The Price of Easy Money Now Coming Due by Wolf Richter • Dec 25, 2022 • 216 Comments The Crazy Stuff & Asset Prices that arose during Easy Money are coming unglued as Easy Money ended.
How Strung-Out Are Households with their Debt Service & Financial Obligations as the Miracle of Free-Money Fades? by Wolf Richter • Dec 22, 2022 • 138 Comments Looks like households have lots of fuel left to throw on inflation, if they’re in the mood.
Home Sales Melt Down Nationally to Depths of Housing Bust 1. Prices -10% in 5 Months. Cash Buyers, Investors Massively Pull Back by Wolf Richter • Dec 21, 2022 • 115 Comments The seller-buyer standoff.
San Francisco & Silicon Valley Housing Markets Puke Huge Price Drops, as Startups, Crypto, Tech, Social Media Make Total Mess by Wolf Richter • Dec 19, 2022 • 210 Comments In California overall, prices dropped year-over-year, as sales collapsed, supply more than doubled. No dear, this isn’t just a seasonal dip.
THE WOLF STREET REPORT: The Price of Easy Money Now Coming Due by Wolf Richter • Dec 18, 2022 • 188 Comments The Crazy Stuff & Asset Prices that arose during Easy Money are coming unglued as Easy Money ended.
