Silver as an investment

Category Archives: home price

Party Like Its 2006! Case-Shiller 20 Home Price Index Rises 5.3% In August (Back to 2006 Peak) / by RabidRabbit via Confounded Interest / October 25, 2016 According to the S&P/CoreLogic/Case-Shiller home price index, US home prices are back to the peak of the housing bubble (2006). Of course, home prices had a little help from their friends at The Federal Reserve with their zero interest policies and balance sheet expansion. READ MORE The post Party […]

US Industrial Production Drops -1.03% YoY For September, Capacity Utilization Continues Below 80% / by Anthony B. Sanders / October 17, 2016 Although Bob Dylan won a Nobel Prize (for singing off key), his song “Don’t Think Twice, It’s Alright” is appropriate for this economy. That is, don’t think about why the US is really slow to recover from The Great Recession (or why we suffered a massive credit bubble and […]

CPI Inflation Rises! (To 0.2 Percent) — Rent And Home Price Growth Exceed Inflation And Wage Growth (Damn It, Janet!) / by Alan Tonelson • November 17, 2015 Who said The Federal Reserve can’t generate any inflation? The CPI YoY rose from 0% to 0.2% for October, hardly a groundswell of inflation, particularly with the Wu-Xia shadow Fed Funds target rate still below zero. But the real story behind the CPI inflation numbers is that CPI Rent […]

Mapping out the Los Angeles Gentrification: 10 years of home price changes in Los Angeles County. / Dr. Housing Bubble / May 12th, 2015 There was a story that I read recently about a man living in Venice that rented out his apartment and then lived at his office for 500 days.  Why?  Because the rent is too damn high!  The LA/OC mega-metro area is now ranked as having the highest rents […]

Bubbles In The Wind: US Home Prices Rising Over 13X Wage Growth (Blistering Home Price Growth Since QE3 With Dormant Wage Growth) / by Anthony B. Sanders, Courtesy of Confounded Interest • March 27, 2015 Kansas once sang “Dust In The Wind” that reminds me of rapidly rising home prices that are 13.3 times wage growth. I close my eyes only for a moment, and the moment’s gone All my dreams (of homeowernship) pass before my eyes, a curiosity […]

It’s Official: Home Price Inflation Strangling US Housing Market / by Wolf Richter / December 29, 2014 Mortgages are hard to get, and inventories of homes for sale are low: Those have been the dominant reasons cited by the industry to rationalize the crummy home sales that have disappointed pundits for over a year. But now those memes have been debunked by homebuyers themselves. Each […]

“Widespread Slowdown In Home Price Gains”: Case-Shiller Misses, Rises By Slowest Since 2012 / by Tyler Durden / 08/26/2014 09:26 -0400 The fourth (or is it fifth?) dead cat bounce in the US housing market is rapidly fading, as we just confirmed by the latest Case-Shiller Home Price Index data for the month of June, which saw a Y/Y increase in home prices of just 8.07%, below the 8.3% […]

More Housing Bad News: Household Formation At 30 Year Lows / by Tyler Durden / 05/30/2014 11:06 It was a little over two years ago when, scrambling for the next catalyst to justify a home price rebound (which as we then said and have subsequently been proven right was rising only due to three factors: i) offshore oligarchs parking laundered “all-cash” money in luxury US real estate: a process that […]

Case-Shiller Home Price Index Posts First Monthly Drop In One Year / by Tyler Durden / 01/28/2014 09:15 -0500 And the hits just keep on coming: after the atrocious Durable Goods number, it was the turn of the Case Shiller housing data, which reported what many already knew – in November the 20 City Composite index (the Non-seasonally adjusted version which as the report’s authors acknowledge is the accurate one) posted […]

The Funniest Chart From Today’s Case-Shiller Update / By Tyler Durden / 07/30/2013 09:36 Moments ago we got the latest update out of Case-Shiller’s composite home price index for the Top 20 US cities in May, or before rates soared and crushed all housing activity sending home affordability some 30-40% lower, which missed at the top line rising 1.05% sequentially, down from a […]