The Numbers Don’t Lie — But They Don’t Tell the Full Story, Either Let’s start with the surface-level data they want you to see: Sales of existing homes plummeted 8.4% from December to January. Annual pace: Just 3.91 million homes sold — lowest since Dec 2023. Median home price: $396,800, up 0.9% YoY, a record high for January. Inventory: 1.22 million homes, a 3.7-month supply — still well below what’s needed for a healthy market. Homes are sitting longer: 46 days on average, up from 41 last year. Lower-end market collapsing: Sales of homes under $250,000 tanked — while the ultra-rich ($1M+ buyers) keep buying. Now, here’s what they’re not telling you. Americans Are Trapped — And That’s the Point…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.
No credit card required.
