The US real estate market continues its upward trajectory, with December witnessing a significant 6.1 percent surge in house prices across the nation's 20 major metropolitan areas, as revealed by the latest S&P/Case-Shiller Index. This robust growth, the most notable throughout 2023, signifies the market's resilience and potential for investors and homeowners. With six consecutive months of price hikes and a 0.2 percent increase from the previous month, the sector presents promising opportunities.
I kind of agree that house prices should fall on a historical basis, but they are not; Im just trying to reason out why that is. Could be wrong...