As of October, 2023, the Case Schiller index is at 310. At some point in the next 3+ years, before Jan 1, 2027, US home prices will decline by 20% and the index will be less than 250.
Reference:
https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-us-national-home-price-nsa-index/#overview
| Indicator | Value |
|---|---|
| Stars | ★★☆☆☆ |
| Platform | Manifold Markets |
| Forecasters | 13 |
| Volume | M1.2k |
As of October, 2023, the Case Schiller index is at 310. At some point in the next 3+ years, before Jan 1, 2027, US home prices will decline by 20% and the index will be less than 250.
Reference:
https://www.spglobal..