INFLATION IS QUIETLY CHIPPING AWAY AT MOST AMERICANS’ MAIN SOURCE OF WEALTH
https://s.yimg.com/ny/api/res/1.2/BxevwiE.ulV0sj8sb2UzRQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/marketwatch_hosted_869/6fd5db9671fcc7fe0177b62eb569b46b
✍️ Home prices in the US have grown at the slowest pace in over two years, with a 1.5% increase in August from a year ago, according to the S&P Case-Shiller Index.
👉 Home prices grew 1.5% in August from a year ago, the slowest pace in over two years. 👉 The national homeownership rate was 65% as of the second quarter of 2025. 👉 Home prices in the 20 biggest metro areas in the US slowed significantly, rising just 1.6% year-over-year. 👉 The rate of inflation exceeded the rate of increase of home prices, eroding homeowners' housing wealth in real terms.
-- #NicholasGodec #MarkZandi #HeatherLong #US #Philadelphia #world
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