Relevant and even prescient commentary on news, politics and the economy.

FHFA and Case Shiller repeat sales indexes show YoY price growth has peaked; slow deceleration in shelter CPI should continue

 – by New Deal democrat This week’s data focuses on house prices and new home sales, and the more important personal income and spending report on Friday. In the housing data I am looking at any movement towards rebalancing between new and existing home sales. To recapitulate, the big increase in mortgage rates has locked […]