GroundedKiwi

Housing and Financials: The Worst May Soon Be Over

A nice theory...pity it misses out in a grounding in the normal market cycle seasonality. In a "flat" year the price differential between the slowest real estate months (Nov-Feb) and the peak moving months (Summer) is 3-4%. Hence, a decrease in the rate of price changes from February into August could well be the normal market dynamics and nothing to do with the bottoming post bubble...we will know soon when the weak months hit and if the rate of change continues to slow then this hypothesis will have some validity.