New Home prices have collapsed 10% (50% of what they did in the GFC). Only this time it occurred in 2 months time. Seeing another 10% drop is not unreasonable in the least.
Unlike the tech bubble (circled in red) when new home prices kept on rising and even accelerated, this time it's leading the way down. The everything bubble seems to be leading to the "every pop"! As I have been urging everyone now for months to be CAUTIOUS with their investments. This is bad JUJU!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.