Interactive Charts My first article in Fortune! The Fundamental Reason House Prices Will Fall This Fall “The prices people expect tomorrow influence demand and supply today.” “The takeaway is that demand will continue to fall for many months–regardless of mortgage rates–because people are slowly lowering their expectations for future house price increases. Housing demand is falling along with the expectations for house price increases in the future.”
Very interesting. I wouldn't mind house prices coming down in Phoenix this Fall.