Browse Stacks: Analytics: Divergences: fredgraph.png (700×718)

Ever so close to the peak in 2006, percentage wise. And people are in bidding wars over houses. Always the same. If history were to repeat, houses'd be a bargain around 2026. 7/8/21

It marks an extreme willingness to pay; pity “a smart price paid” can’t be charted. 7/8/21

What a gap between wages and house prices, no wonder young married folks can't afford to buy. I would like to see this on individual markets: Phoenix, LA, San Francisco, Dallas, Boise, Portland, etc 7/8/21