Housing prices yet to adjust to reality of high interest rates

S&P/Case-Shiller U.S. National Home Price Index (FRED:CSUSHPINSA)

FRED:CSUSHPINSA S&P/Case-Shiller U.S. National Home Price Index

Fundamental Analysis Technical Indicators housing_market housingmarket housing housingfinance caseshiller interestrates

fundamental indicator housing_market housingmarket housing housingfinance caseshiller interestrates

Housing prices yet to adjust to reality of high interest rates

Housing prices can be sticky and take multi-years to adjust
If the interest rates persist for few years, we can see the downward pressure for next few year
Just to be clear this is a multi year cycle.

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