Coin Bureau, relaying another source: House prices will fall

Said on Dec 10, 2022, at 5:30 in the video.

What was said
Coin Bureau

@coinbureau

“Jerome and the FED are forecasting a massive decline in both the cost of housing and the cost of rents sometime later next year due to contract renewals”
Watch at 5:30Here's What's Going DOWN at The FED!! Jerome's Latest Speech
PredictionHouse priceswill fallby Dec 31, 2023
What happened
Relayed

Somebody else's forecast — 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

Somebody else's forecast — not scored

What was said around it

details the three types of inflation are core Goods inflation Housing Services and services excluding housing Jerome explained that core Goods inflation has been coming down quickly this is to be expected given that the pandemic caused a massive surge in Goods related inflation that's simply because people couldn't spend on Services during the pandemic so some of that money went on Goods instead the rest of that money went into Investments which includes Housing Services although housing related inflation continues to rise Jerome and the FED are forecasting a massive decline in both the cost of housing and the cost of rents sometime later next year due to contract renewals this leaves Services excluding housing which Jerome revealed as being the most important to the FED in its inflation forecasts regular Services inflation hasn't shown clear signs of coming down yet this makes sense given that all the money that went on Goods during the pandemic is Shifting back to services not surprisingly not many people are Keen to work in the services sector after being fired and rehired between lockdowns this is likely contributing to the labor shortage occurring in the United States and elsewhere

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