“whilst Fargo went on record to say that home prices will continue to appreciate at a slightly slower Pace because of underlying demand and tight Supply Rising 1.8% by the end of the year and 25% in 2024 in 2025 Wells Fargo”Graham Stephan, relaying Wells Fargo: House prices — around 1.8%
Said on Dec 6, 2023, at 4:19 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 pickedAttributed to Wells Fargo — not scored
What was said around it
led to Runaway inflation so as a way to combat that strict policies were put in place and interest rates were increased as high as 20% to prevent prices from skyrocketing even higher although as you would expect that caused prices to come crashing down however even though Wells Fargo believes that we could wind up seeing a similar 1980 style housing recession to them that doesn't mean necessarily lower prices in fact they see it the opposite because fewer sellers are listing their homes whilst Fargo went on record to say that home prices will continue to appreciate at a slightly slower Pace because of underlying demand and tight Supply Rising 1.8% by the end of the year and 25% in 2024 in 2025 Wells Fargo forecast that home prices Will Rise by 4.4% so how on Earth is this even possible well on the surface most people just pay attention to nominal home prices which is simply how much did something cost today relative to how much it was a year ago but if you actually want to get a good understanding of how much something really goes up in price then you have to take into account inflation like here's just something to consider would you say that making a 400% return from 1970 through 2020
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