by Robert Folsom
Updated: May 15, 2019
You know that home prices in most U.S. cities and suburbs have risen to almost unaffordable levels.
Will this trend continue?
Or, will real estate prices flatten out?
Or, will they begin to fall?
Like stocks or bonds or currencies, real estate is an active financial market with tens of thousands of buy/sell transactions every month.
For that reason, just like stocks, real estate prices are driven by collective psychology.
Which means: When you look at real estate price charts, you see patterns. Elliott wave patterns.
Watch this new video where EWI's Robert Folsom shows you a telling chart of the U.S. new home sales price -- and makes a clear conclusion.
Free, watch the 2-minute video now
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