U.S. Home Prices vs. Wage Growth The gap between wage growth and U.S. house prices continue to widen. Houses remain too expensive for most young people. Image: The Daily Shot
U.S. Home Prices – House Prices Relative to Income per Household Are U.S. home prices relative to household incomes on the way to the moon? Image: Macrobond
Housing – U.S. Home Prices U.S. home prices have risen significantly during the pandemic, but are expected to rise more slowly in the coming years. Image: Morgan Stanley Wealth Management
U.S. Housing – Case-Shiller National Home Price Index and Model-Implied U.S. home prices are expected to rise more slowly in the coming years. Image: Goldman Sachs Global Investment Research
Housing – U.S. Home Prices and Lumber Price Will the housing market boom continue, as U.S. home prices rise to seven-year high? Image: BofA Global Investment Strategy
U.S. Core Inflation vs. Home Prices (Leading Indicator) Home prices suggest that core CPI seems likely to fall further. Image: Scotiabank Economics
Home Prices Lead U.S. Consumption This chart suggests that home prices lead U.S. consumption by 9 months. Image: Nordea, Sebastian Dypbukt Källman
Wage Growth vs. U.S. Home Price Growth This chart shows that U.S. home prices are rising faster than wages. There is clearly a widening gap between wage growth and house price. Today, houses are too expensive for most young people.
“There could be declines in home prices especially at the high end”, says Shiller Robert Shiller, Yale Professor and Nobel Prize Winner, speaks about the housing market and tells why home prices could decline.
Housing – % of New U.S. Home Sales by Price Range The share of new home sales over $500,000 is increasing. Image: BofA Global Research