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2024December › 12

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1 years ago

Many years ago, I wrote: The upward slope of Real House Prices. I argued that real house prices (adjusted for inflation) had typically increased about 1.0% to 1.5% per year (much higher than Profess…
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (…
Here are a few measures of inflation:

The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year.  This declined, but is still eleva…
The Cleveland Fed released the median CPI and the trimmed-mean CPI.

According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% in November. The 16% trimmed-mean Co…

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