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๐Ÿคทโ€โ™‚๏ธ So which way are home prices going?

This game of musical chairs has to end sometimes. Right?

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As sales slow, prices will _____

We banged on about this last week. And in our inaugural edition.

The number of home sales is slumping, dropping 7.6% in May compared to the same month a year ago, for the fifth monthly drop in a row.

The question is when a slowdown in sales translates into a slowdown in prices. Every increase in prices, or in interest rates, pushes more potential buyers out of the market โ€” and, as we'll see, investors too. And yet the prices keep rising.

Let's dive into what's holding the market up โ€” and what could finally bring it down:

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