Housing Price Trends Posts 4Q2022 Results
Housing Price Trends has updated the price charts with 4Q2022 Housing Price Index data. Not surprisingly, for this quarter, there were only 2 BUY signals and 37 SELL signals. There were no BUY signals in the top 148 cities in which to invest. Remember the BUY signals that occur outside of the top 148 cities are not as meaningful, since those cities have prices that generally go up and down on much smaller amounts. Of the 37 SELL signals, 20 were in the top 148, with % annual inflation-adjusted appreciation for the past yer ranging between +2.4% and -1.8%.
Stay tuned for 1Q and 2Q data, which we expect to show further weakening in the housing market.
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