Home Prices Are Soaring at Fastest Pace in Seven Years

As reported in my last post, household formation for young adults is very slow and yet housing prices are soaring. This is not a sign of a health economy.

https://www.zerohedge.com/economics/us-home-prices-are-soaring-fastest-pace-7-years

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: