Housing prices surge, no moderation in CPI
…here is the YoY% change in median new home sales price from the Census Bureau in the past 5 years: While I can’t show you graphically the YoY% change in…
…here is the YoY% change in median new home sales price from the Census Bureau in the past 5 years: While I can’t show you graphically the YoY% change in…
…estimated by the Census Bureau: And the answer is, that the available amount of housing stock has indeed kept up with population growth (by the way, this would be true…
…new variants in the past 6 months substantially increase the number of daily deaths. Cases in all four census regions of the US are either flat or declining (the West,…
…in the April – June period (net the biweekly oscillations particularly in deaths are primarily an artifact of Florida’s reporting “system”): Breaking down confirmed cases by Census region shows that…
…roughly the same amount of land. Estimates by Aimpoint indetify there could be 100,000 production farms by 2040. Last census of US farms held were 2.1 million from small vegetable…
…decline of 15% of COVID in wastewater, consistent with about 460,000 “real” new infections per day: All 4 Census regions (not shown) are participating in the decline. Confirmed cases (dotted…
…ago of the latest FHFA and Case Shiller house price indexes through May, vs. owner’s equivalent rent, how the Census Bureau measures housing in the CPI: Because OER lags actual…
…and/or has been farming for less than ten years. The allure of farming has attracted a little over 900,000 new farmers according to the most recent 2017 census, but the…
…is primarily a function of the fictitious and lagging measure of housing that is used by the Census Bureau (keeping in mind that the house price indexes are still up…
Chandra Childers at Economic Policy Institute reports on household income: “Household incomes have fallen since 2019 despite growth in workers’ earnings“ “On Thursday, the U.S. Census Bureau released 2021 household…