ilmscore | Why Home Prices Have Not Crashed - YET

Why Home Prices Have Not Crashed - YET

Predictions from this Video

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Topic
Status
Home values are predicted to experience a significant correction or crash soon, supported by three economic indicators.
"home values will have a major correction if not an outright crash soon thanks to three leading economic indicators that prove it"
Real Estate Market Correction
Pending
Falling home prices are anticipated to impact over 184 cities, with potential drops of 20% or more.
"the spread of falling home prices is expected to reach over 184 cities by as much as 20 or more"
Home Prices
Pending
Canada's real estate market is expected to decline by 13% in 2023.
"places like canada australia and new zealand are expected to lose 13 18 and 21 respectively in 2023"
Real Estate Market - Canada
Pending
Australia's real estate market is expected to decline by 18% in 2023.
"places like canada australia and new zealand are expected to lose 13 18 and 21 respectively in 2023"
Real Estate Market - Australia
Pending
New Zealand's real estate market is expected to decline by 21% in 2023.
"places like canada australia and new zealand are expected to lose 13 18 and 21 respectively in 2023"
Real Estate Market - New Zealand
Pending
Foreclosures have increased by 219% in the first half of the year compared to the same period last year.
"foreclosures are already up 219 in the first half of this year as compared to the same time last year"
Foreclosures
Pending
Home prices are predicted to undergo a significant correction.
"home values will have a major correction soon"
Home Prices
Pending
An imbalance with increased supply, where prices have not yet adjusted, suggests an impending correction.
"there's a huge imbalance and there's a lot more supply and prices haven't really had the time to adjust and catch up which implies that prices are about to correct"
Home Prices
Pending
A wide gap between mortgage rates and bond yields indicates high risk in the real estate market, suggesting a potential decline in home values.
"there's a huge gap between mortgage rates and bond yields which means at least according to lenders there's a massive amount of risk in the real estate market and that means this black line should go down at some point"
Real Estate Market Risk
Pending
Increases in the money supply have historically led to higher home values.
"when there's an injection of money home values go up and this has been true during all of these periods highlighted in yellow"
Money Supply Impact on Assets
Pending
Despite a reduction in the M2 money supply, home prices remain high, with a predicted lag of 6 to 18 months for the full impact to be felt, implying a potential future decline.
"right now though if we look at this m2 money supply you'll see that this liquidity and all of this money has been taken out of the system this is where we are now and yet home prices are still all the way up here they haven't had the time to catch up yet but it typically takes anywhere between 6 to 18 months for the full effect to be felt"
Money Supply and Home Prices
Pending
The speaker would wait for a real estate market correction or for interest rates to fall between 3.5% and 4.5% before buying a house.
"if i was in the market to buy a house today i would probably wait until the real estate market corrects or at least until interest rates got down to three and a half to four and a half percent"
Interest Rates for Home Purchase
Pending