Fed Pushing On A String: Record Low Mortgage Rates, Housing Prices Rolling Over, Again

The three-month moving average through July, at $310,000, is 9% below the peak three-month average through January 2018 and is back where it had first been in April 2016:

 

 

 

https://wolfstreet.com/2019/08/23/plunging-mortgage-rates-no-relief-for-dropping-new-house-prices/