Home Prices Jump Another Percent, Fed Extremely Behind the Inflation Curve

Home Prices Jump Another Percent, Fed Extremely Behind the Inflation Curve
Newly constructed single family homes are shown for sale in Encinitas, Calif., on July 31, 2019. Mike Blake/Reuters File Photo
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Commentary 

Home prices rise another percent according to Case-Shiller. The Fed does not even count that as inflation.

Mike "Mish" Shedlock
Mike "Mish" Shedlock
Author
Mike Shedlock / Mish is a registered investment advisor for SitkaPacific Capital Management. On my “MishTalk” global economics blog, I write several articles a day on the global economy. Topics include interest rates, central bank policy, gold and precious metals, jobs, and economic reports, all from an Austrian Economic perspective.
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