My head isn't turning away from the housing market
Güten Morgen, hello, hi.
Seriously can't shake the feeling that the housing market is the micro root of all evil (or at least where the largest risks are).
I've got a few charts and images I want to show you...
Let's start with this one.
Here's the Case Shiller House Price Index YoY vs average US mortgage rates.
What's interesting here is that as they have risen recently, we have seen a breakdown in the trend established through the COVID years; a slight dip in house prices has formed...
Obviously nothing substantial just yet, but there's certainly an impactful variable
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