The US property market is becoming distorted now!

 

The US residential property market is rebounding because of the artificially low mortgage rates and MBS purchases by the US FED.  The existing residential sales are at a 5-year high now with a high unemployment number and bad GDP number (-32.9% in Q2).

http://sg-stock.blogspot.com/2020/05/the-us-debt-market-is-going-to-implode.html

Even the CMBS market is also being affected now as shown below.  All these distortions are caused by the US FED with its stimulus.

https://finance.yahoo.com/news/investors-scoop-office-cmbs-even-144158773.html

http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now_22.html

There are many market distortions showing up in the US now after the US government and FED dole the stimulus out.  There will be a big price to pay when these markets return to normalcy because these bubbles will burst.