Housing Collapse

So let's see if we can connect the dots....The Fed hikes the fed funds rate. The bond market tanks. Mortgage rates triple. Housing prices collapse. Mission accomplished, Goons. Talk about demand destruction!

Today's datapoint was the latest Case-Shiller home price index...and it was a doozy! Again, with 30-year mortgage rates going from under 3% to nearly 8% in just over a year, how was this not expected?

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

37 Comments on Housing Collapse

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 11/28

11/28 12:00 ET Goon Bullard
11/28 12:00 ET Goon Williams
11/29 9:00 ET Case-Shiller home prices
11/29 10:00 ET Consumer Confidence
11/30 8:15 ET ADP jobs report
11/30 8:30 ET Q3 GDP 2nd guess
11/30 9:45 ET Chicago PMI
11/30 10:00 ET JOLTS
11/30 1:30 ET Chief Goon Powell
12/1 8:30 ET PCE and Core PCE
12/1 8:30 ET Consumer Inc and Spend
12/1 9:30 ET Goon Bowman
12/1 9:45 ET S&P Manu PMI
12/1 10:00 ET ISM Manu PMI
12/2 8:30 ET BLSBS

Recent Comments

by OceanX, 3 min 58 sec ago
by Belladonna, 13 min 48 sec ago
by OceanX, 30 min 2 sec ago
by Orange, 53 min 22 sec ago
by Blackwatersailor, 1 hour 55 min ago

Forum Discussion

by Titus Andronicus, 6 hours 40 min ago
by Titus Andronicus, Nov 26, 2022 - 10:18pm
by Island Teal, Nov 26, 2022 - 2:54pm
by Titus Andronicus, Nov 14, 2022 - 10:32pm
randomness