After adjusting, house prices aren't as hot as they seem
The short answer: inflation
Be very careful with any discussion of inflation with clients
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Productivity is the way we raise our standard of living, and increased productivity is the result of increased savings and investment -- we don’t have either of those
Inman Market Intel's comprehensive data opens the door for stronger pricing models
New data released last week contained some surprises
Home sales, prices and rents will rise, while the vacancy rate will stay low
It's not a trend -- it's a lifestyle
Markets fear Fed tightening in the face of flat wage growth, falling inflation
Housing is already a drag on this economy
Oil prices should hold inflation down
Downward pressure on US long-term rates still very strong
Decline in long-term rates may signal imminent slowdown
Swiss National Bank's surprise move creates uncertainty about other central banks