Sale prices going up. Asking prices coming down. Sellers asking way over market value leads to huge surplus, unless your the government. I have 100 hammers I’ll be glad to sell you for $10,000 apiece. Any taker?

Hum, I can’t seem to sell a single hammer, the hammer market must be flooded.

Care to explain why we still have a huge surplus coupled to a rising price? What economic principles describe those numbers… there is surely an economic lesson somewhere in there.