Demand destruction on an epic scale, after the price explosion. And inventories are piling up. 3 US states register high share of ‘seriously underwater’ mortgages
Buckle up pic.twitter.com/Btz5dSdNdp — Darth Powell (@VladTheInflator) June 23, 2025 It boils down to this: In terms of condos, sales that closed in May fell further and hit the lowest point in the data, along with Lockdown May 2020, seasonally …