Wednesday, May 31, 2023 1:28:20 PM
Case Shiller Core Logic all home price index came out yesterday and the rise in prices from February was confirmed for March. Other less rigorous data I have for April and May also confirms that prices continue to rise marginally as the large cohort of millennials forms households and inventory remains bleak. We're listing another house next week. I'll report to the board how this one goes.
The stock market is a device for transferring money from the impatient to the patient. - WB
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