Graham Stephan: House prices — no direction stated

Said on Jun 9, 2025, at 12:56 in the video.

What was said
Graham Stephan

@grahamstephan

“we might see a more flatlining of prices or really moderate gains, if anything.”
Watch at 12:56The Housing Market Just Flipped – Sellers Panicking!
PredictionHouse prices— no direction statedChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Not verifiable

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

30 days

Not verifiable

90 days

Not verifiable

180 days

Not verifiable

1 year

Not verifiable

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 v4Not verifiable————
1 yearR-MACRO-LEVEL v4Not verifiable————
3 yearsR-MACRO-LEVEL v4Pending——Jun 8, 2028——
5 yearsR-MACRO-LEVEL v4Pending——Jun 8, 2030——
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 verifiable: no direction stated. Neither a level nor a direction

Why: 1 year

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

Why: 3 years

Not yet resolved. The window closes Jun 8, 2028.

Why: 5 years

Not yet resolved. The window closes Jun 8, 2030.

What was said around it

and name your firstborn child after the seller? Well, that's not really happening anymore, but home affordability is still an issue. And if you buy something, you are still paying a historically high price, all things considered. Now, for everybody else who's simply watching home prices out of curiosity, honestly, you're not going to feel much of an impact. And any headline decreases in price, you're going to be moderate at best. So, no, we're not going to be seeing a 10 to 20% real estate collapse anytime soon outside of a few localized markets. Instead, we might see a more flatlining of prices or really moderate gains, if anything. That's why I believe if you need to buy a home, buy something that fits your budget on a fixed rate loan that you could comfortably afford on a home that you intend on keeping for at least 7 to 10 years, assuming you can't rent an identical home for significantly cheaper. Now, in terms of what I'm doing, look, I've been involved in real estate full-time since 2008, and I look every single day for good opportunities, but the only no-brainer option that I have come to these days is simply building out an extra unit on a property that you already own. For example,

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