The U.S. housing market is under strain. High-priced properties see concentrated sales while lower-priced homes struggle. Rising mortgage rates and elevated home prices challenge affordability.
Newly built homes are sometimes cheaper than existing ones, highlighting oversupply in certain regions. Market stress is also reflected in online search trends; searches for "can't sell my house" have reached historic highs.
Housing affordability trends, showing extreme levels for median-income buyers.
Pending home sales highlight slowing demand in lower-priced segments.
Search interest for "can't sell my house" reaches historic highs, reflecting market stress.
Recession Signals
- Inverted yield curve
- Rising unemployment
- High debt levels
- Slowing consumer spending
These indicators combined with a long bull market suggest a potential correction risk for the housing and broader equity markets.