Commentary: Housing – Will the Unsustainable be Sustained
Commentary: Housing - Will the Unsustainable be Sustained September 9, 2021 Housing prices have increased 19% over past year. Some housing experts anticipate an imminent crash in housing prices.Fox Business states that “the euphoria in the U.S. housing market may be flashing a danger signal, and lofty home values could be at risk of a sharp drop.”[1] National Association of Home Builders CEO Jerry Howard says new home construction data is showing similarities to the 2008 housing market crash.[2] According to David Rosenberg of Rosenberg Research, the collapse of U.S. home prices is inevitable when considering “all the fundamental factors [...]