Market uptrend , may reach June 2022 level in 5 months

[Carlos Ptriawan]

The market has experienced an uptick since January 2023, looking at appreciation and aggressive buyer behavior from this chart.
https://fred.stlouisfed.org/se...

It seems it's not far-fetched if home prices going to hit a new level exceeding June 2022 in 6 months timeframe, we still have 3-4 months in summer
that's usually the biggest appreciation for the houses. If not we will reach an all-time high in 2024.

This is extremely predictable when folks are saying the future is not predictable (haha LOL) and the market going to crash, yes, the market is going to crash, but crash to the ceiling level LOL...market can move this fast when lender is giving 5% rate for 30 year amortization.

Post covid we have THREE UPLEGS:
Jan 2020-SEP 2020
JAN 2021-MAY 2021
JAN 2022-JUNE 2022

so we have til may/jun to see this home run.