US Home Prices Rise At Fastest Pace In 3 Years To Record Highs

US home prices (in the 20-city Case-Shiller universe) rose at 5.89% YoY - the strongest growth since July 2014.

This has pushed the national home price index to new record highs...

 

Perfect time to hike rates and deflate yet another bubble?

The 3-6 month lag effect of rate moves on home prices is looming.

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