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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (2694)3/22/2004 9:09:46 PM
From: mishedlo  Read Replies (2) of 116555
 
Take a look at the great chart they provide. Housing Price Index vs. CPI.

prudentbear.com

Just don't call it inflation
Housing prices advanced at double-digit rates in Q4 last year (year over year) in 14 states plus the D.C. A dozen big city markets posted gains of more than 15%. Alert reader Michael Panzner provides the following chart of housing prices vs. the CPI. What will make the lines meet again – lower housing prices or a higher CPI?
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