Home prices stay elevated as transactions slow, Mike Shedlock notes

Home prices stay elevated as transactions slow, Mike Shedlock notes
Case-Shiller index hits near record highs

Mike Shedlock, author and blogger at MishTalk, highlights that the Case-Shiller National Home Price Index is hovering close to its all-time highs.

According to Shedlock, while home prices stay exceptionally high, transaction volumes have significantly decreased.

Shedlock has previously addressed uncertainty over the location of Iran's frozen assets, stating that most are likely held in China. He has also questioned the labeling of an 8% recession probability as doom porn in another recent analysis, noting shifts in recession odds. These topics show Shedlock's focus on both global asset flows and macroeconomic risk assessments.

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