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

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.8% year-over-year in June 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 3.2% above the previous bubble peak. However, in real terms, the National index (SA) is still about 13.3% below the bubble peak. The year-over-year increase in prices is mostly moving sideways now just over 5%. In June, the index was up 5.8% YoY. Usually people graph nominal house prices, but it is also important ......(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/2vGTFxf
via IFTTT