The Standard & Poor’s/Case-Schiller home price index increased by 5.8% year-over-year in November. Prices increased by 0.9% from October to November on a seasonally adjusted basis. Low mortgage rates and a recovering labor market helped to push prices up to their highest rate since July 2014. Home prices in Portland, San Francisco, Dallas, and Denver hit all-time highs.
See the following visualizations which highlight monthly existing home sales, median home sale prices, and highest median home sale prices in the United States.
For much of the past decade, Crispin Odey has been waiting for inflation to rear its ugly head. The fund manager has been positioned to take advantage of rising prices in his flagship hedge fund, the Odey European Fund, and has been trying to warn his investors about the risks of inflation through his annual Read More
Median Home Sale Price in The United States
Highest Median Home Sale Prices in the United States