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Real Prices and Price-to-Rent Ratio in July

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.1% year-over-year in JulyThe year-over-year increase in prices is mostly moving sideways now around 5%. In July, the index was up 5.1% YoY.In the earlier post, I graphed nominal house prices, but it is also important to look at prices in real terms (inflation adjusted). Case-Shiller, CoreLogic and others report nominal house prices.
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