Will the US existing home median sales price be lower than $352,500 USD for February 2023?
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แน€190
resolved Mar 21
Resolved
NO

This question will resolve based on February 2023 data from ycharts (https://ycharts.com/indicators/us_existing_home_median_sales_price) when it becomes available.

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It looks like the February data will be published on March 21st.

(I'll resolve the question then as long as the update is published)

bought แน€40 of NO

@JonathanMann That's a very carefully chosen threshhold!
Decline at the average rate for the past 4 months => $352,875
Decline at the average rate for the past 2 months => $352,150

And $352,500 sits right between those options.
However, the MSP of existing homes historically trends upwards from Feb through June. Superimposing this trend on the ongoing decline suggests that the decline will likely become more moderate than the average rate over the past 4 months; I'd say that even an uptick at some point towards June is not impossible.

So, I'm going with "no."

predicted NO

@belikewater Seems like it's about to resolve for a no:)