Graham Stephan, relaying AI housing center: House prices will rise to 7%

Said on Aug 16, 2023, at 4:57 in the video.

What was said
Graham Stephan

@grahamstephan

“the AI housing center which is really difficult to say say that five times also predicts the exact same thing with their belief that 2023 will see a 6% increase followed by a 7% surge in 2024”
Watch at 4:57The Housing Market Is Getting Destroyed
PredictionHouse priceswill rise to 7%by Dec 31, 2024
What happened
Relayed

Attributed to AI housing center — 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 AI housing center — not scored

What was said around it

a national average only 10 states posted an annual home price decline with most of those recorded in the Northwest on top of that almost 4 in 10 sales are all cash transactions and most baby boomer homeowners have substantial equity which could be putting pressure on prices in markets where that generation is currently migrating or I guess more simply put people have money and when they sell their home at alltime highs they could then afford to buy another home at all-time highs keeping prices High the AI housing center which is really difficult to say say that five times also predicts the exact same thing with their belief that 2023 will see a 6% increase followed by a 7% surge in 2024 all because the economy is still relatively strong as they explain low unemployment is giving consumers confidence that they'd be able to spend money on a home remote work is allowing buyers to expand their search and the biggest reason from all of this is the fact that rate locked homeowners are more than twice as likely not to sell look we've all seen mortgage rates Surge from an all-time low of 2020 to now the highest they've been in 23 years but today a new report founds that the most realistic

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