Price appreciatioin of new homes has completely stopped. Here's why

 - by New Deal democrat

I have a new post up at XE.com .

Price appreciation in new homes has completely stopped over the last 11 months.  That is partly due to the feeding through of the 2014 stall in construction, and partly due to the disappearance of the Chinese cash purchaser.

BTW, tomomrrow we will get the Q3 report on median rents, and that will complete the overall picture of the housing market.