In 2019, the Fed decided to raise the benchmark rate, but then reversed course after a few months. I wonder if his prediction in 2019 was before or after the Fed started lowering rates again. Rates were also rising in 2004 when he made his prediction back then, too. There is probably more to his analysis, but he seems to predict housing prices will fall as interest rates go up. Most people would predict that.
The prices are high but the demand is high as well a crash in prices for whatever reason might be stabilized by a rush in demand before prices go back up again. A ton of millenial families don't own a house because of this.
Even a broken clock is right twice a day. Wouldn't put too much weight on past prediction.
There probably will be a housing dip but this guy basically predicts it every year