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Inflation elation

What’s Up with Real Estate? National news and local views for the week ending Friday, November 17, 2023 Inflation elation Both the CPI (Consumer Price Index = inflation for you and me) and the PPI (Producer Price Index = inflation for companies) trended downward more than expected in October. "Headline" CPI dropped to +3.2% ...

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What’s Up with Real Estate?

What’s Up with Real Estate? National news and local views for the week ending Friday, November 10, 2023 National Real Estate News Further rate relief Treasury bond yields and mortgage rates continued to drift lower, with the average 30-yr mortgage rate dropping below 7.5%. Even though Fed Chairman Jerome Powell very explicitly kept the door ...

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Home price declines may already be over

What’s Up with Real Estate? National news and local views for the week ending Friday, June 2, 2023 Peter Kedzior The latest national news and local market states. National Real Estate News Home prices rising again The Case-Shiller national home price index rose 0.4% month-over-month in March, after rising 0.3% MoM in February. 15 out of the ...

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Talking Points – ‘Elation’

by Scott Brixen April 17, 2023 Real Estate News in Brief Big decreases in consumer (CPI) and producer (PPI) inflation in March were encouraging signs that inflation (and mortgage rates) should keep moving lower. At the national level, underlying home demand remains very strong and reasonably-priced homes are selling quickly because supply remains tight. Great ...

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