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> The strength of the housing market has helped support the bonds for now. Home-price appreciation has slowed over the past year, but the average U.S. house val
by aazaa 7y ago
> The strength of the housing market has helped support the bonds for now. Home-price appreciation has slowed over the past year, but the average U.S. house value still rose more than 2% in August from a year earlier, according to S&P CoreLogic Case-Shiller data....
It's odd when articles like this don't specify whether the increase they're reporting was inflation-adjusted or not. It makes a big difference. If not inflation adjusted, then 2% represents almost no increase given the trailing 12 month CPI change of about 1.7%.