{"id":401091,"date":"2019-03-24T06:11:25","date_gmt":"2019-03-24T05:11:25","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/the-house-price-deceleration-is-staggering\/"},"modified":"2019-03-24T06:11:25","modified_gmt":"2019-03-24T05:11:25","slug":"the-house-price-deceleration-is-staggering","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/the-house-price-deceleration-is-staggering\/","title":{"rendered":"\u201cThe House Price Deceleration Is Staggering\u201d"},"content":{"rendered":"
\n

<\/p>\n

Mark Hanson<\/a><\/strong>
March 22, 2019<\/p>\n

RedFin puts out a monthly home sales report, which contains a lot of great data. The chart below shows Feb 2018 year-over-year price growth, which was off the charts, compared to Feb 2019 year-over-year growth, which was very weak.<\/strong><\/p>\n

This y\/y growth deceleration is staggering, especially in the high-flying regions.<\/p>\n

Very few regions escaped a significant deceleration with some prominent regions like San Jose and San Francisco even getting crushed on a year-over-year absolute basis.<\/strong><\/p>\n

The only thing that even comes close to this sharp of deceleration was circa-2007.<\/p>\n

It was data like these I have been tracking that led to my call last year that there was no way the Fed could continue to hike in 2019.<\/p>\n

For certain housing and related names, this is a killer unless prices re-accelerate quickly.<\/p>\n

\"\"<\/picture><\/a><\/p>\n

<\/p>\n

This article was posted: Friday, March 22, 2019 at 5:39 am<\/p>\n

\n

\n <\/p>\n
\n


\n \t\"Print\"<\/a>
\nPrint this page.<\/h3>\n<\/p><\/div>\n
\n
\n

<\/p>\n

<\/p><\/div>\n

Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mark HansonMarch 22, 2019 RedFin puts out a monthly home sales report, which contains a lot of great data. The chart below shows Feb 2018 year-over-year price growth, which was off the charts, compared to Feb 2019 year-over-year growth, which was very weak. This y\/y growth deceleration is staggering, especially in the high-flying regions. Very […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-401091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/401091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=401091"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/401091\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=401091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=401091"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=401091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}