40% over a period of 3 years would be a annualized rate of ~13%. That would indeed be unprecedented, and highly highly unlikely. Remember housing isn't the onl

40% over a period of 3 years would be a annualized rate of ~13%. That would indeed be unprecedented, and highly highly unlikely. Remember housing isn't the only factor in CPI calculations. We're currently seeing ~6% annualized this year. Target goal of ~2-3%.