28 Oct 2020 What's Really Happening to Home Prices--and What's Coming Next

Ian Shepherdson (Chief Economist and Founder)28th Oct 2020 00:10U.S., Economic Monitor

The best way to answer the perennially vexed question of what's happening to home prices is to take a deep breath and cite a range, given that the four main measures of prices don't measure the same thing in the same way, never agree with each other, and often contradict themselves from month-to-month.

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April bill business investment capital goods cash chainstore sales chainstore sales growth chicago pmi clothing congress construction consumer consumer confidence consumer sentiment consumption core deflator core pce core pce deflator cpi December deficit durable goods economic growth economy employment exports fed fed survey fiscal stimulus forecasts foreign trade funds gdp goods deficit growth h1 headline index home sales households housing housing market imports income index inflation inventories jobless claims June March mortgage mortgage applications mortgage rates net foreign trade new home sales October orders pce pending home sales personal income pmi policy q1 q1 forecast q2 q2 forecast q3 q3 forecast q4 q4 forecast real consumption real estate real spending redbook remain rent rents retail richmond fed s&p 500 sales growth sentiment September survey total orders trade u.s. unemployment

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