Why the Housing Market Hasn't Crashed

13 Dec 2023 · 1 min
0:36

In this brief commentary, Austin Klar argues that the U.S. housing market has not crashed despite doomsday predictions. He points to three key data points: (1) the Case‑Shiller home‑price indices are at all‑time highs, indicating strong price levels; (2) new home listings remain near historic lows, showing limited supply rather than a flood of sales; (3) foreclosure activity, while up from the moratorium period, is still far below the levels seen before and after the Great Recession; and (4) mortgage delinquencies are only about 2% for loans 30‑90 days past due, a rate five times lower than during the recession. Klar concludes that these metrics collectively refute crash forecasts and invites viewers to follow him for further market updates.

Chapters

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