…from their recent peak, to just over 80,000, while deaths (which lag) are still in the 575 range: With the exception of 2 months around mid year 2021, deaths had…

…Elizabeth’s ultimate promise and commitment she held to whole life, and probably more than anything else why so many mourn her personally, was made five years before her accession in…

…as in 2018. Adjusting for inflation using the construction materials special index, total construction spending is down about -17%, and residential construction spending down -8% from their respective peaks at…

…same now as they were then.  That being the case, let’s compare a $250,000 mortgage at the peak of the housing bubble 15+ years ago and now at the prevailing…

…confirmed cases are down 75% from their June peak and at a 6 month low. Here is the long-term view since the beginning of the pandemic: As I wrote above,…

…to show that the peak in house prices took place during the summer. For the month, the seasonally adjusted FHFA index rose +0.1%, vs. a +0.9% increase one year ago,…

…was also reported, and also showed declines of -0.3% for both total and residential spending: Total construction spending is -1.3% below its July peak, while the more leading residential construction…

…9.2% YoY, compared with a peak of +20.8% YoY in March (note that is in line with my rule of thumb that a decline of 1/2 or more in YoY…

…prices slowed down and then peaked during the summer. As we end the year, house prices are declining, but owners’ equivalent rent has yet to peak. Which brings us to…

…wages up 7% since April 2020 vs. September +8.4% peak) Used vehicles -2.5%, -8.8% (in real terms adjusted for wages up +22% since April 2020 vs. Jan 2022 +45% peak)…