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Historically, US home price appreciation closely mirrored inflation. That changed during the last housing bubble w/ real home prices exceeding inflation by 99% in Dec 2005. After a 22% increase in real home prices in 2020-2021, the current housing bubble surpassed those levels.

00:01 - 07/03/23

Here's a history of US home price appreciation going back to 1891

Markets are delivering a harsh verdict on the European Central Bank’s efforts to rein in inflation

Investors place $124 billion of orders for a 5% stake in Adnoc Gas, an oversubscription level of more than 50 times

German consumer prices – measured by EU Harmonized rate – advanced to 9.3% YoY, up from January’s 9.2% gain, even as Germany moved to limit household heating costs that rocketed b/c of Russia’s war in Ukraine. Analysts in a Bloomberg survey had expected a slowdown to 9%.