Posts Tagged ‘median home price’Home Prices: A Much Needed BreatherThis post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS Life is always so much clearer in hindsight. The graph below shows the US Median Home Price (blue line, as measured by the 6-month moving average of the Median Price, admittedly as arbitrary a metric as any other) graphed [...] Getting Back on Track: Are We There Yet?This post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS We wrote back in June of 2008: “The Holy Grail de jour of financial market prognostication is predicting the bottom in housing. It’s a fool’s errand, however.” Identifying the low point in any asset class is an effort best [...] Do High Mortgage Rates Kill Home Prices?This post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS Given the widespread expectation for future inflation, and as an extension higher interest rates to combat rising prices, the question above is the most common one we hear from home buyers and real estate investors alike. To try and [...] Historical Macro DataUS Median Home Price 1965-2009 Gray area is “Inflation” period of 1972-1983, 201% total increase in home prices during that 12 year period, or 10.5% annually. (click image to enlarge) Consumer Price Index 1965-2009 Gray area is “Inflation” period of 1972-1983, 147% total increase in CPI during that 12 year period, or 8.5% annually. (click [...] |