The US Cities with the Biggest Housing Bubbles
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What, first down-tick in Seattle? The S&P CoreLogic Case-Shiller National Home Price Index for September, released today, jumped 6.2% year-over-year (not-seasonally-adjusted). By comparison, consumers’ nominal disposable income (not adjusted for inflation) rose only 2.9%. When population growth is factored in, this disposable income on a “per-capita” basis, hence for consumers as individuals, grew about … Read more