Real House Prices and Price-to-Rent Ratio in January

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.9% year-over-year in January It has been more than ten years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index (SA), was reported as being 1.9% above the previous bubble peak. However, in real terms, the National index (SA) is still about 14.5% below the bubble peak. The year-over-year increase in prices is mostly moving sideways now just over 5%. In January, the index was up 5.9% YoY. In the earlier post , I graphed nominal house prices, but it......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2odq5gx
via IFTTT