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

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.5% year-over-year in September It has been over eleven years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index (SA), was reported as being 10.8% above the previous bubble peak. However, in real terms, the National index (SA) is still about 8.5% below the bubble peak (and historically there has been an upward slope to real house prices).  The composite 20, in real terms, is still 12.4% below the bubble peak. The year-over-year increase in ......(read more)

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