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Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in October

Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in October

And a look at "Affordability"

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Dec 29, 2021
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in October
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It has been over fifteen years since the bubble peak. In the Case-Shiller release yesterday, the seasonally adjusted National Index (SA), was reported as being 48% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 10% above the bubble peak (and historically there has been an upward slope to real house prices).  The …

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