ilmscore | Prediction Details
"The existing home sales are clearly going down. The demand for housing, existing home sales especially, is definitely going down. That's a good sign. Now let's try and talk about new home sales. For new home sales also it has gone down from roughly around December it has started to cool off a little bit. And here you can see there is a fall for sure. And now if you go on to the last part if you can see inventory, inventory is rising."
By CA Rachana Phadke Ranade | July 14, 2022 | Pending
From video
Has Inflation Peaked After Hitting a 41 Year High? | CA Rachana Ranade 00:08:37 - 00:09:42
Interpreted Prediction
Existing home sales, new home sales, and housing inventory trends suggest that demand for housing is cooling off, which could lead to a slowdown in housing price increases and subsequently help reduce inflation.

Prediction Details

Topic
US Inflation

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