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Despite Tumbling Rates, US Home Price Acceleration Slowed In January
Despite Tumbling Rates, US Home Price Acceleration Slowed In January
US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices).
After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)...
Source: Bloomberg
This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023.
"Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...
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Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech
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Jim Quinn Warns "We've Already Entered This Fourth Turning's Global War..."
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Authored by Jim Quinn via The Bruning Platform blog,
“THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph.” – Thomas Paine – The American Crisis
“At...
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