US Housing Market Falling Into ‘Deflationary Vortex,’ Analyst Warns
Cătălin Roșioru
The U.S. housing market is currently in a “disinflation and deflationary vortex,” according to real estate analyst Nick Gerli, founder of real-estate analytics platform Reventure App. “Home price growth on the national basis has slowed to basically flat year-over-year, and now home prices are declining in almost half the states in the U.S.,” Gerli said in a video released on YouTube . “Meanwhile, rent growth has slowed to its slowest level in 14 years, indicating that we are just seeing
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