Real Prices and Price-to-Rent Ratio in June

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.1% year-over-year in June The year-over-year increase in prices is mostly moving sideways now around 5%. In June, the index was up 5.1% 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 $275,000 today adjusted for inflation (37%). ......(read more)

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