Update on 26-th of November 2021
Maybe today is the beginning?!
and it is a financial crisis just started and the bubble burst?!
(June, 28-th 2021)
US housing prices reached its all-time high
source: tradingeconomics.com
as you can see on this graph after reaching 1M new home monthly sales it went down.
source: tradingeconomics.com
US NAHB is steady now.
source: tradingeconomics.com
Existing home sales went down. Housing starts is less than both peaks in 2020 and early 2021.
source: tradingeconomics.com
US Pending home sale reached it TOP PEAK.
source: tradingeconomics.com
I would expect a big housing market crash in the next 12-24 months.
Endurance lasers sold its office in Mid June 2021.