The Federal Reserve is in retreat and housing prices reflect the retreat.
Case-Shiller’s national home price index slowed to 3.79% YoY in January as The Fed slows its money printing.
All 20 cities were down MoM in January with Seatlle declining the fastest with Las Vegas the second fastest decliner.
According to ApartmentList.com, apartment rents are up 20.5% YoY in Columbus Ohio (where I live).
Both Miami and Tampa are in double-digit YoY gains in housing prices.
