• Pretium Securities sees U.S. single-family home prices near record highs, with roughly 2% maximum peak-to-trough decline over the past decade.
• Apartment, retail and office property prices experienced corrections of 10%-30% over the same period.
• Stable shelter demand supports housing resilience, while underbuilding since the 2008 financial crisis has left a persistent supply deficit.
• Mortgage rate lock-in further restricts supply as homeowners retain cheaper financing, keeping listings near historic lows.
• These dynamics support lower collateral volatility for single-family housing-backed equity and debt investments, underpinning more stable valuations and credit performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pretium Securities LLC published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.