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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the…
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The Kobeissi Letter
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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the median FULL year average.
This means that home prices are outperforming the S&P 493, which is the S&P 500 minus 7 tech stocks, on a YTD basis.
All as 8%+ mortgages are on the way and existing home sales hit 2010 lows.
How can this end well?
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As planned, today we are heading home after completing all the necessary talks. Every discussion went exactly as needed. The Victory Plan has been presented to America, and we explained each point in detail. Now, our teams will work to implement every step and decision. Strong
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As planned, today we are heading home after completing all the necessary talks. Every discussion went exactly as needed. The Victory Plan has been presented to America, and we explained each point in detail. Now, our teams will work to implement every step and decision. Strong
时政
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twitter.com)
00:03:32
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❗ Wife of Nepal’s ex-Prime Minister dies after protesters attack family home
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❗ Wife of Nepal’s ex-Prime Minister dies after protesters attack family home
The woman was locked inside and the house was set on fire, local media report. She suffered severe burns and later died in hospital.
🇳🇵Meanwhile, protesters are beating and chasing anyone who crosses
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twitter.com)
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Reporter: 5-year-old Liam Conejo Ramos was heading home from preschool with his father. According to the eyewitnesses, his father was detained for being an undocumented immigrant, at which point the ICE agents detained the 5-year-old. When an adult who lived in the household
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Reporter: 5-year-old Liam Conejo Ramos was heading home from preschool with his father. According to the eyewitnesses, his father was detained for being an undocumented immigrant, at which point the ICE agents detained the 5-year-old. When an adult who lived in the household
时政
(
twitter.com)
00:02:48
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