Victory? US Real Average Hourly Earnings “Rise” To -0.8% YoY (Too Bad Real Home Prices Are Rising At 14.34% YoY Clip)

Good news on the wage front. Sort of .

US REAL average hourly earnings rose in September to -0.8% YoY.

Too bad that REAL home prices are growing at a 14.4% YoY clip.

The Federal Reserve’s new motto: making home unaffordable! With help from the US Treasury.