The sharpest segment on that graph is since July 2020. If you bought any time other than November 2004 - November 2007, it was cheaper than it's been in the pas

The sharpest segment on that graph is since July 2020. If you bought any time other than November 2004 - November 2007, it was cheaper than it's been in the past 14 months. If you already own a home and have equity you are probably fine. The GP was describing what it feels like trying to enter the market right now.