Heterodox
House price indexes: more evidence of a summer peak – by New Deal democrat The Case Shiller and FHFA house price indexes were updated through July (technically, the average of May through July) this morning. Ordinarily I do not pay them too much mind, but this year they are very important in confirming a peak in house prices. Although the FHFA index is seasonally adjusted, the Case Shiller index is not, so the best way to show them in...
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