14 () posted 2 years ago by GynaNumbaZero 2 years ago by GynaNumbaZero +15 / -1 12 comments share 12 comments share save hide report block hide replies
They're increasing the interest rate soon. Increased interest rates mean fewer people can afford to buy, meaning demand goes down, meaning prices go down.
Theoretically
People buy what payment they can afford. +1% interest rate ~= -10% home value.