Tuesday, January 26, 2016

Real Prices and Price-to-Rent Ratio in November

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.3% year-over-year in November The year-over-year increase in prices is mostly moving sideways now around 5%. In November 2015, the index was up 5.3% YoY. In the earlier post , I graphed nominal house prices, but it is also important to look at prices in real terms (inflation adjusted).  Case-Shiller, CoreLogic and others report nominal house prices.  As an example, if a house price was $200,000 in January 2000, the price would be close to $274,000 today adjusted for inflation......(read more)
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