Housing Market Update

Housing - A Market Update

Residential Real Estate

If you watch the news or read the local paper, you would think that we are on the cusp of a massive correction in residential real estate. If we look at the run-up in housing prices and the increases in mortgage rates in isolation, then yes, you could make a strong case that we are due for a correction.

However, in our October 2022 letter to our investors we outlined why Prime Meridian did not think the housing market was vulnerable to a significant correction in price, which turned out to be correct. There were a lot of great charts in that letter which we think are still relevant today, below are a few of those charts with some updated data.

Read full report on the housing market here.




Return to Insights

Subscribe today to receive our latest News & Insights!

Receive our latest stories delivered monthly directly to your inbox.