The Most Splendid Housing Bubbles in America, June Update: “Deceleration” and “Tipping Point” of the Raging Mania

by Wolf Richter, Wolf Street: But it still predates the 5% & 6% holy-moly mortgage rates, whose impact on prices we’ll only see in a few months. The first “deceleration” and “signs of a tipping point” cropped up in the S&P CoreLogic Home Price Index, which was released today. But today’s data for “April” consists […]