…construction have turned down, but not by much: Turning to prices, we mainly have to measure YoY, since little of the data is seasonally adjusted. Yesterday prices for existing homes…

…prices simply to meet workers’ wage demands and workers in turn demanding pay increases to insulate them from rising prices. To be clear, these instances of spiraling inflation driven by…

…in contrast to new homes, where builders can control sizes, amenities, rebates, and prices to generate demand. In that market prices are down about 10% YoY and sales are down…

…Weber argues that supply shocks allowed corporations to tacitly collude, hike prices, and rake in record profits. This type of inflation, where corporations raise prices to protect and even increase…

…homebuilders’ strategy of coping by lowering prices by the biggest percent in 50 years, has affected the market. All things being equal, continued higher mortgage rates should have led to…

…it doesn’t pick up the effect of people switching, say from beef to chicken, in response to a change in relative prices, if beef prices rise more than chicken prices….

…before. Any significant acceleration in CPI will be driven by gas prices and/or other services. Repeat home sale prices continue rebound; rents continue decline, Angry Bear, by New Deal democrat….

…it comes to pricing. Higher-earning consumers haven’t been as spooked by higher prices. Chipotle, for instance, raised prices by 7% and still reported a 7% increase in sales during the first quarter…

…out with consumer prices. Because gas prices increased 5.4% in April, I am expecting the headline number to come in a little hot as well. Meanwhile I expect shelter inflation…

 – by New Deal democrat We finished housing data for the month with this morning’s report on new single family home sales and prices. As I usually point out, new home…