Home Prices (Inflation Adjusted) Highest In History

Housing topping out? We have not yet seen the evidence to support such a claim.
The builder Cancelation rate is still very low. The historical avg is just shy of 10%
the current rate is around 6.5% With commodities soaring, rates rising, wages
lagging inflation inverted yield curve and mortgage rates going vertical this could
change very abruptly.

The historic rule of thumb has been for every 1% rate rise home prices fall 10%.
We have yet to see this play out. But it is still too early to tell.