Tag Archives: CoreLogic
Measuring Home Prices
Compared to stock and bond markets, where prices update continuously throughout the trading day, the value of residential real estate is hard to observe; and while one buyer’s shares of stock XYZ are interchangeable with another’s, houses are not similarly fungible. Yet the value of an investor’s house is often a significant component of his…
- Categories Thematics
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Price-to-Rent as an Overvaluation Metric
Market Conditions Indicator and price-to-rent can locate overheated metros The S&P CoreLogic Case-Shiller Index has documented that home prices have risen in all metropolitan areas over the last few years. While price gains vary considerably across urban markets, some places have had especially rapid appreciation that put values above their pre-Great Recession peak, even after…
- Categories Equities
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Inflation: Benign for Now
Having broken through 2% in January 2018, the 10-year U.S. Treasury breakeven rate (as measured by the difference between the S&P U.S. Treasury Bond Current 10-Year Index and the S&P U.S. TIPS 10 Year Index) has continued to increase, reaching a YTD high of 2.18% on April 23, 2018. As of May 14, 2018, the…
- Categories Fixed Income
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Home Prices Rising
This morning’s S&P CoreLogic Case-Shiller Home Price Indices report showed prices rising at about a 5% annual rate over the last 12 months. Across the country the pattern varies with strong price gains in the Pacific Northwest and small price increases in New York and Washington DC. The press release and data are available at…
- Categories Blitzer's Insights, Strategy
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- Blitzer's Insights, Strategy
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