What is the Actual Housing Vacancy Rate, Reported by the Census Bureau? No, not 0.8% and not 5.8% by Wolf Richter • Feb 2, 2023 • 75 Comments A deep dive into the gritty data and formulas that produce these vacancy rates by the Census Bureau.
The Most Splendid Housing Bubbles in America, January Update: Now Phoenix, Las Vegas, San Francisco, Seattle, San Diego Plunge Fastest by Wolf Richter • Jan 31, 2023 • 240 Comments This takes some doing: San Francisco Bay Area house prices plunged faster from the peak than they’d spiked to the peak.
Prices of Existing Homes Fall 11% from Peak. Sales Hit Lockdown Low. Cash Buyers and Investors Pull Back Hard by Wolf Richter • Jan 20, 2023 • 302 Comments Priced right, any home will sell. But sellers are not wanting to price their homes right.
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.