Article Image
IPFS News Link • Inflation

Hello Fed, Inflation is Rampant and Obvious, Why Can't You See It?

• Mish Shedlock

Year-over-year home prices are up 11.2%, some cities even more. The Fed does not see this or count it if they do. Let's discuss why.

Home Prices Rise at Fastest Pace in 15 Years

Home prices are running rampant. The national level average year-over-year increase is 11.2%.

Prices have accelerated in the past few months. I discussed the year-over-year acceleration in Home Prices Rise at Fastest Pace in 15 Years

National and 10-city averages do not tell the full story as the lead chart shows. 

Inflation Disconnect

CS National Top 10 Metro CPI OER 2021-01

Owners' Equivalent Rent

OER stands for Owners' Equivalent Rent. 


midfest.info