The 18 Year Cycle Has Housing On Alert

Why the 18 Year Housing Cycle Doesn’t Add Up - Steven Thomas

This housing market update from Steven Thomas of Reports On Housing examines the increasingly popular 18-year real estate cycle and whether it really signals another housing crash. Steven breaks down the historical timeline, explains why housing cycles do not follow a precise clock, and shows how inflation changes the way long-term home price performance should be viewed. The analysis also looks at today’s recession in closed sales, inflation-adjusted home values, and why different markets can move in very different directions.

Time Stamps:
00:00 Introduction
00:16 What Is the 18 Year Housing Cycle?
01:34 Why the Timeline Does Not Fit
03:02 Not Every Housing Cycle Ends in a Crash
05:53 Housing Cycles Are Real but Not Precisely Timed
06:01 The Difference Between Nominal and Real Home Prices
08:22 Housing’s Inflation-Adjusted Purgatory
09:55 Where Home Prices Go From Here
11:18 Conclusion