What was said
“the FED also projects that housing costs will finally start to come down later this year”Watch at 8:59The Fed Said WHAT!? Latest Minutes Show What's Coming!!
Coin Bureau, relaying another source: House prices will fall
Said on Jan 11, 2023, at 8:59 in the video.
The window it was checked over
This series is not charted here until its publisher's terms for reusing it are confirmed. Each verdict still cites the figures it was judged on.
S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED
Result at every window
All windows are shown, so none is pickedSomebody else's forecast — not scored
What was said around it
they project that labor force participation will continue to decline many analysts believe this phenomenon is why this recession will be different people may not lose their jobs on mass because there's no one else to hire as far as fed officials are concerned however all this means is that they will need to keep interest rates higher for longer to crush inflation this is why they simultaneously project a more gradual increase in the unemployment rate which could last until as late as 2025. that would be a long recession now the Silver Lining is that the FED also projects that housing costs will finally start to come down later this year and they're confident that inflation of all kinds will come down by 2025. this of course assumes that nothing in the financial system will break but it appears they didn't dwell on this possibility instead they focused on the fact that inflation is more likely to rise than fall in the short term and how the fed's response is likely to result in a recession in the U.S later this year this has been the consensus view for months now the only question is how deep this recession will be and how long it will last in the fifth section of the minutes fed officials
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More on House prices
Graham StephanHouse priceswill rise
“And that means that home prices in those markets continue going higher.”
Aug 10, 2026 · after 1 year
Pending
Graham Stephana call with no clear direction
“Instead the market is just quietly resetting to a much higher and much more expensive new normal and everyone who's waiting it out to see 2019 prices again is unfortunately probably out of luck”
Jul 22, 2026
Not scored
Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures
“But, a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”
Jul 15, 2026
Relayed
Graham StephanHouse prices— not judged: the rule reads only US national figures
“the Northeast and Midwest are still hitting record highs, including Hartford, Connecticut, which is up 25% from its 2022 peak. Well, the pandemic boom towns across Texas, Florida, and the Mountain West keep falling.”
Jul 15, 2026 · after 1 year
Not verifiable
Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures
“a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”
Jul 15, 2026
Relayed
Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures
“But, a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”
Jul 15, 2026
Relayed