On: U.S. home prices are the most unaffordable they've...

[onion2k]

If home prices are going up everywhere that means demand is exceeding supply everywhere.

Only if the houses are selling at the higher price. There are a lot of empty, unsold houses where the owner is refusing to reduce the price. Property economics is weird.

[stanleydrew → onion2k]

I think "home prices are going up everywhere" means actual closed transaction sale prices are going up, not listing prices.