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House Prices to National Average Wage Index

House Prices to National Average Wage Index

New Data for 2020 Wages Released Yesterday

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Oct 14, 2021
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
House Prices to National Average Wage Index
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One of the metrics we'd like to follow is a ratio of house prices to incomes. Unfortunately most income data is released with a significantly lag, and there are always questions about which income data to use (the average total income is skewed by the income of a few people).

And for key measures of house prices - like Case-Shiller - we have indexes, not…

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