IPFS News Link • Housing
US Home Prices Rise At Fastest Pace In 3 Years To Record Highs
• http://www.zerohedge.comUS home prices (in the 20-city Case-Shiller universe) rose at 5.89% YoY - the strongest growth since July 2014.
This has pushed the national home price index to new record highs...
Perfect time to hike rates and deflate yet another bubble?
The 3-6 month lag effect of rate moves on home prices is looming.