The Inflation Reports Were Off

[WSHazel]

5. The housing market will be interesting

I think there is a lot of excess supply not showing up in the numbers in the single family home market, and the commercial-to-residential rental conversions are picking up. At the same time, the population is growing very slowly, and may decline this year.

All those millennials sitting on the sidelines may be getting their first homes a lot cheaper than if they had purchased a year or two ago.