Tuesday, October 30, 2012

The Home Price Climb Continues

Home prices continue are turning upward. According to the latest Case_Shiller report,released today, the 20-city home price index climbed 2.0 percent year-over-year in August, the third straight month of y-o-y gains.

Bottom line: Ben Bernanke money printing is working its way into the system, especially the housing mareke, i.e. the capital goods sector.

(Chart via Business Insider)


  1. What about the credit portion of the money supply? Is bank credit expanding again? It's wrong to only focus on the Fed and not look at bank credit in a fractional reserve system.

  2. Wags, check out 'TOTBKCR' at St Louis Fed.