Thursday April 25 Daily Links - The Interrobang
“Four more years. Pause,” said Biden, 81 in a face palm moment.
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“Four more years. Pause,” said Biden, 81 in a face palm moment.
By Stefan Gleason web posted April 19, 2021 Anyone who says inflation isn’t a problem hasn’t tried shopping for a new home recently. Housing costs are skyrocketing. The median sales price of existing homes has spiked 16% over the past 12 months (from $270,400 to $313,000) – the fastest pace in 15 years. The real estate market is being pressured not only by a low inventories of houses listed for sale, but also by rising prices for construction materials. Home builders must deal with a massive 200% increase in lumber costs since the onset of the COVID-19 pandemic. According to the N...
What Skyrocketing US Home Prices Say About Inflation :: The Market Oracle ::