No surprise the trend shows the higher the price, the softer the price increases.
The lower-end market keeps humming along, while the higher-end market isn’t – and the connection between the two is getting fuzzier by the day.
With the struggle of moving up or down being very real, we could see more disconnect between markets.
Let’s keep this in mind when analyzing trends – it’s more complex than ever.
Remember a dozen years ago my slinky analogy?
I remember this from ten years ago – and I think there’s more like it: