Housing prices relative to income are moving back toward bubble highs. In the case of new homes, the ratio exceeds its prior peak. Existing home sales are not there yet, but fast approaching. Easy money, as always, the fuel feeding the fire.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Are you Part of the Herd Inflating the Indexing Bubble? - July 19, 2019
- Man vs. Machines: Can Humans Win a New Stock Market War? - July 18, 2019
- Hard Criticism for Amazon’s Advertising - July 17, 2019