Existing Home Sales Lowest Since May

The video discusses the impact of weather on the housing market, noting weaker-than-expected reports due to bad weather conditions. It highlights the deceleration in home price appreciation and the influence of private equity in the market. The video also explores future drivers of the housing sector, such as mortgage credit and labor market improvements. Concerns about a real estate boom and potential bubble, particularly in Miami, are addressed, emphasizing the importance of gradual price deceleration to avoid overheating.

What are the expected trends for home prices in the upcoming year?

What role does private equity play in the housing market according to the text?