Why Home Prices Are High Despite Sales Crash in 2024

Why Home Prices Are High Despite Sales Crash in 2024

In this video, I reveal the hidden factors contributing to the sales lockdown of existing American homes and the impact on the housing market.

I discuss the interest rate lockdown effect, the purchase price-paid lock-in effect, and the often-overlooked capital gains tax lockdown effect, which collectively keep housing demand higher than supply. As a result, home prices continue to soar amidst this housing sales crash.

Learn why these lockdown effects are a giant problem and how they affect the market's supply and demand dynamics.

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