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Before Jan 1, 2027, US home prices will at some point be 20% lower than today, as measured by Case Schiller index
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As of October, 2023, the Case Schiller index is at 310. At some point in the next 3+ years, before Jan 1, 2027, US home prices will decline by 20% and the index will be less than 250.

Reference:

https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-us-national-home-price-nsa-index/#overview

#Economics
#Housing markets
#Housing
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