Graham Stephan: House prices — no direction stated

Said on Mar 18, 2026, at 11:01 in the video.

What was said
Graham Stephan

@grahamstephan

“what's most likely going to happen is that we see a flatline or a slow trend downwards, but it's not going to be anything crazy.”
Watch at 11:01BREAKING: Federal Reserve CANCELS Rate Cuts - Gas Prices Skyrocket, Stock Market Plummets!
PredictionHouse prices— no direction statedChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Pending

Not yet resolved. The window closes Mar 18, 2027.

30 days

Not verifiable

90 days

Not verifiable

180 days

Pending

1 year

Pending

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 picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-MACRO-LEVEL v4Not verifiable————
90 daysR-MACRO-LEVEL v4Not verifiable————
180 daysR-MACRO-LEVEL v4Pending——Sep 14, 2026——
1 yearR-MACRO-LEVEL v4Pending——Mar 18, 2027——
3 yearsR-MACRO-LEVEL v4Pending——Mar 17, 2029——
5 yearsR-MACRO-LEVEL v4Pending——Mar 17, 2031——
Why: 30 days

Not verifiable: no direction stated. Neither a level nor a direction

Why: 90 days

Not verifiable: no direction stated. Neither a level nor a direction

Why: 180 days

Not yet resolved. The window closes Sep 14, 2026.

Why: 1 year

Not yet resolved. The window closes Mar 18, 2027.

Why: 3 years

Not yet resolved. The window closes Mar 17, 2029.

Why: 5 years

Not yet resolved. The window closes Mar 17, 2031.

What was said around it

competition, you could come in with an offer that just makes sense. Overall, though, I still take the stance that renting for most people in the short term is going to be the cheaper option, especially with mortgage rates above 6%. Like to play devil's advocate here, even though buyers can negotiate, home prices are still significantly higher than they were just 6 years ago. So, unless we see a mass wave of selling combined with much higher mortgage rates, housing prices are really unlikely to see a substantial drop anytime soon. And what's most likely going to happen is that we see a flatline or a slow trend downwards, but it's not going to be anything crazy. Although, in terms of what Jerome Powell just said, his warning for the future and how our entire economy is about to flip once he's replaced in May, here is what you need to know. First of all, like I mentioned earlier, the Federal Reserve has chosen to pause interest rate cuts for the foreseeable future, all because of the risk of returning inflation thanks to higher oil prices. And even though there is a chance the entire situation resolves and oil prices come down just as quickly, it's too early to tell. And for that reason, the

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all

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