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by angelzen
1686 days ago
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Housing sticks out like a sore thumb. 2% increase? Over what period? Case Schiller is double since the last dip (circa 2012), and a solid 45% up since the peak of the 2008 bubble. It has a sharp uptick in the past couple of years, sharper than the 2006 run up. Sure, 2% housing inflation, nothing to see here. https://fred.stlouisfed.org/series/CSUSHPINSA |
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...measures home ownership (asset) prices, CPI housing measures housing consumption (rent or imputed rent) prices.