Graham Stephan, relaying Moody's: House prices — not judged: the rule reads only US national figures

Said on Nov 11, 2022, at 6:55 in the video.

What was said
Graham Stephan

@grahamstephan

“others like Moody's expect housing prices could drop by as much as 20 percent in areas like Nashville and Idaho along with 10 to 15 percent locations like Phoenix”
Watch at 6:55THE FED JUST FLIPPED THE MARKET | Urgent Changes Explained
PredictionHouse prices— not judged: the rule reads only US national figures
What happened
Relayed

Attributed to Moody's — not scored

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

Attributed to Moody's — not scored

What was said around it

largest cities currently down two to six percent now this might not sound like a lot considering that rents are already up 50 in the last two years but as conditions begin to soften landlords are beginning to price their properties in line with reality and over time this should be reflected in the CPI numbers hopefully although in terms of what's happening with home prices researchers at Goldman Sachs expect the decline of five to ten percent Peak to trough with their official forecast model predicting a 7.6 drop now others like Moody's expect housing prices could drop by as much as 20 percent in areas like Nashville and Idaho along with 10 to 15 percent locations like Phoenix or basically all the areas that saw a massive run-up during the pandemic are likely to come down to late 2020 pricing however the housing market usually takes a long time to adjust to new information unlike the stock market which is immediately beginning to feel the effects on the news that inflation came in lower than expected the Federal Reserve president of Philadelphia came on record to say that I would be okay with taking a brief pause from raid hikes seeing how things are moving and then if we have to we can

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