Housing market affordability is so out of whack that 'the bulk of the drop in home prices is yet to come', says Pantheon Macroeconomics
Pantheon Macroeconomics: "We are baffled by the emerging narrative in the commentariat that housing is now recovering, because it isn’t."
![Housing market affordability is so out of whack that 'the bulk of the drop in home prices is yet to come', says Pantheon Macroeconomics](https://content.fortune.com/wp-content/uploads/2023/07/GettyImages-165886860.jpg?w=2048#)