Rich Duprey argues on 247wallst.com that, judged by would-be buyers, the U.S. housing market is running near a 30-year low, with Freddie Mac's 30-year rate at 7.18% after seven weeks above 7% and existing-home sales at a 3.99 million annualized pace. He says owners holding 3% or 4% mortgages have little reason to sell, keeps listings thin and prices high, and forecasts that falling housing starts point to weaker economic activity into 2027.