Graham Stephan, relaying another source: House prices — around 10%

Said on Aug 16, 2023, at 8:14 in the video.

The window it was checked over

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S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED

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Somebody else's forecast — not scored

What was said around it

faster than they could be replaced and building high-end housing isn't ring that so yes rents are coming down towards the higher end of the market but on the lower end it's still just as competitive and expensive although in terms of what this means for you the housing market in the future here's what I think I do want to make it clear that not everybody believes the housing market is going to go higher in fact one poll of 29 analysts forecasted that average home prices based on the K Schiller index will fall by 45% in 2023 followed by no increase in 2024 they also believe that average home prices are expected to fall 10% from Peak to trough but as far as what I think in order to understand what's going to happen you have to understand the difference between real and nominal returns if that sounds confusing then you really got to understand exactly how this works because it's really going to make a huge difference in terms of what we're going to see over these next few years on the surface most people only pay attention to nominal home prices which is simply how much does something cost today relative to what it cost a year ago but what everybody forgets is that if you want to have an accurate

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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