Reversal Of (Housing) Fortune? US Home Price Growth Turns With Fed Balance Sheet Expansion

As we begin another semester at George Mason University School of Business, it is time to review the state of the US housing market … in terms of YoY prices.

The FHFA home price index YoY has been slowing since May 2018. The Case-Shiller National Home price index YoY slowed over the same time frame BUT reversed course about the time when The Federal Reserve added to its balance sheet.

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Will the FHFA home price index reverse course as well???

 

 

 

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