House Price Inflation

Published by Christopher Schwarz on

My thought has been for months that housing would be fine. In fact, I expected that price rises would accelerate given the lack of inventory for sale and low rates. Whelp, here we go. Here’s the FHFA price index updated through July.

Prices are up 6.2% year over year and accelerating. Inventory is low everywhere still and I expect this to continue.