Prices of New Houses Drop Further. The median price of new single-family houses sold in April fell to $420,800, down by 8.2% from a year ago, and down by 15% from the peak in October May 24, 2023 8:29 am
Inflation Alert! April 2023 Rental Report: The median asking rent was $1,734, up by $4 from last month and down by $43 from the peak but still $348 (25.1%) higher than the same time in 2019 (pre-pandemic). May 18, 2023 7:16 pm
The minimum wage is $7.25 today. The average annual cost of public school tuition is $10,423. The median cost of houses sold is $437K, which is 4.9X the median household income. May 18, 2023 8:23 amMay 17, 2023 8:20 pm
In February, year-over-year changes in home prices gained less than 5% for the first time since May 2020. Median existing-home price for all housing types in February was $363,000, a 0.2% drop from February 2022, ending a 131 consecutive months streak of year-over-year increases (longest on record.) April 22, 2023 6:51 pm
Crazy Train! US Existing Home Sales Crash To -22% YoY, Median Price Growth Goes Negative As Inventory For Sale Remains MIA (20 Straight Months Of Negative Home Sales) April 20, 2023 8:03 pm
Alarm! US New Homes Sales DOWN -19% Since Last Feburary (Median Sales Price DOWN -8.18% Since Dec 31, 2022) March 24, 2023 12:48 pm
US Existing Home Sales Plunge -22.64% YoY In February As Fed Withdraw … For The Moment (Median Prices Decline -0.2% YoY) March 21, 2023 10:43 pm
US Existing Home Sales Crash -37% YoY In January (Median Price YoY Falls To 0.67%) As The Fed’s Thrill Is Gone February 21, 2023 8:06 pmFebruary 21, 2023 3:07 pm
Americans With a College Degree Saw Wages Decline the Most in Two Decades — Median wages fell 7.4% in 2022 for those with undergrad degree — High school graduate wages increased most since 2001: NY Fed (Bloomberg) February 13, 2023 6:12 pm
Banks Tightening Credit Boxes As Median Age Of US Homebuyers Rises From 31 To 47 February 8, 2023 11:31 amFebruary 7, 2023 4:01 pm
Good News, Bad News! US New Home Sales Rise 2.3% In December, But DOWN -23% YoY (Median Price UP 7.8% YoY While M2 Money Growth Goes Negative) January 26, 2023 9:36 pm
US Median Home Price Drops 12% in Six Months – Largest Drop Since 2009 January 22, 2023 9:51 pmJanuary 21, 2023 10:05 pm
Existing Home Sales Update: REAL Median Home Price Growth At -1.17% YoY, REAL Wage Growth At -3.0% YoY, REAL 30yr Mortgage Rate At -0.5254% (How Bad Is US Inflation??) November 20, 2022 10:09 pm
The Thrill Is Gone! US Existing Home Sales Plummet -23.79% YoY, Median Price Drops To 8.07% YoY (Longest Decline In EHS Since 2007) October 20, 2022 7:21 pm
Case-Shiller Home Price Index Decelerates To 18% YoY In June (Existing Home Sales Median Price Decelerated To 10.55% YoY In July) FLA and TX Fastest Price Appreciation August 30, 2022 9:47 pm
American dream is over? Salary needed to buy the median US home is now $76K – and the typical family cannot afford a house in 35 of country’s 50 biggest cities August 4, 2022 10:47 pm
Still Hot, Hot, Hot! US Existing Home Sales Fall -2.4% MoM In April, But Median Price Is 14.85% YoY And Inventory For Sale Remains MIA (Fed Stimulypto Still Helping Housing Bubble) May 20, 2022 10:19 am
US New Home Sales Decline -19.3% YoY As Mortgage Rates Rise (Median Price Of New Home Sales UP 13.4% YoY) February 24, 2022 3:24 pm
Largest 2 month decline ever in the median sales price for new homes in the US. February 5, 2022 10:14 pm