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Case Shiller index is the highest on record at the moment https://fred.stlouisfed.org/series/csushpinsa https://fred.stlouisfed.org/series/csushpinsa
by devonkim 8y ago
Case Shiller index is the highest on record at the moment https://fred.stlouisfed.org/series/csushpinsa https://fred.stlouisfed.org/series/csushpinsa
- pbourke 8y agoIn a normally functioning housing market (with a reasonable amount of inflation), wouldn’t this be the norm?
- devonkim 8y agoThe index is based upon median income and median home sale price, not upon house prices as an absolute value. It’s an indicator of affordability. I don’t know if indexes are comparable across different countries and what they would mean.