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

Repeat home sales price declined slightly in January; expect deceleration in the CPI measures of shelter to continue

 – by New Deal democrat As I noted again yesterday, house prices lag home sales, which in turn lag mortgage rates. Yesterday we got the final February reading on sales. This morning we got the final January read on prices, for repeat sales of existing homes. Last week’s report on existing home sales showed a […]