đš THIS SHOULD NOT BE HAPPENING
Google searches for âcanât sell houseâ just hit an ALL-TIME HIGH.
Higher than 2008.
Higher than COVID.
Higher than any point since Google started tracking the data.
This signal usually appears before housing markets break:
When homes stop selling, sellers panic.
They start cutting prices.
They start asking questions.
And the first place they go is Google.
Thatâs what this data is capturing.
People realizing their house is not moving.
Now look at the macro backdrop.
Mortgage rates were 2.7% in 2021.
Today theyâre around 6.5%.
That alone nearly doubled the monthly payment for the same house.
At the same time, prices never corrected.
The median U.S. home is still around $415,000.
Affordability is now the worst it has ever been recorded.
Buyers canât buy. Sellers donât want to cut.
Transactions freeze.
And when housing liquidity freezes, pressure builds under the surface.
We saw this movie before.
In 2006, homes stopped selling long before prices collapsed.
By the time the headlines arrived in 2008, the damage was already done.
This data suggests we may be entering that stage.
Iâve been in macro for 15 years and predicted all the market tops and bottoms for the last 15 years.
When I EXIT the markets completely, Iâll say it here publicly, like I always do.
From now on, Iâll share my moves publicly. If you want to win big, follow and turn notifications on.
Many people will wish they followed me sooner.