The hottest Prices Substack posts right now

And their main takeaways
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CalculatedRisk Newsletter • 215 implied HN points • 13 Mar 26
  1. Existing-home inventory has risen and months-of-inventory are mostly above pre‑pandemic levels, putting downward pressure on prices and making a year‑over‑year price decline possible this year, though a large wave of distressed sales is unlikely because most owners have strong equity and low mortgage rates.
  2. The housing market is uneven across regions: some areas are seeing bigger inventory increases and price drops, while places like the Northeast have smaller inventory gains and continuing price increases.
  3. Homebuilders look to have a rough 2026 with many completed and under‑construction homes unsold, leading to price cuts to compete with existing‑home inventory; overall active listings are up year‑over‑year but remain below typical 2017–2019 levels and the pace of growth is slowing.
CalculatedRisk Newsletter • 33 implied HN points • 23 Dec 25
  1. Existing‑home sales remain weak — November's SAAR was about 4.13 million, roughly 24% below pre‑pandemic (2017–2019) levels, with year‑to‑date sales down about 0.5% and 2024 the weakest year since 1995.
  2. Supply is rising and uneven — active inventory is up about 8.8% year‑over‑year and months‑of‑supply are above pre‑pandemic levels, though new listings are down in many markets and regional differences are large.
  3. Prices could come under pressure — the national median price is up about 1.2% year‑over‑year now. Rising inventory suggests further regional price declines and a possible national decline in 2026, and December sales look likely to be slightly lower year‑over‑year despite modestly lower mortgage rates.
The Charlotte Ledger • 196 implied HN points • 23 Jan 24
  1. Frontier Airlines is adding flights to 7 new cities from Charlotte, becoming the No. 2 airline in terms of destinations served.
  2. Fares on new routes will start as low as $19, focusing on underserved and overpriced routes from CLT.
  3. Frontier's expansion in Charlotte could potentially help lower airfares in a historically high-priced market.
Mindset Value • 314 implied HN points • 23 Feb 23
  1. Cannabis shortages are spreading in the Western states like Oregon, Nevada, and Colorado, following California's increase in prices.
  2. Prices are rising due to low inventory after challenging market conditions that led to a decrease in cannabis production and many inefficient producers going out of business.
  3. The interconnectedness of the cannabis market is leading to shortages in various states, impacting pricing and supply dynamics.
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CalculatedRisk Newsletter • 43 implied HN points • 29 Feb 24
  1. Freddie Mac's National Home Price Index rose 6.2% year-over-year in January, marking a positive trend in the housing market
  2. The index has been climbing consecutively for the past 13 months, showing sustained growth in home prices
  3. Seasonally adjusted data reveals that 16 states and D.C. experienced price declines, with Austin being the worst-performing city