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Is real estate in a bubble?

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FRED:CSUSHPINSA   S&P/Case-Shiller U.S. National Home Price Index
Blueline = home prices as a percentage
Turkish blue = population growth as a percentage
Orange = interest rates


코멘트:
The S&P CoreLogic Case-Shiller National Home Price Index measures the changes in the sale prices of single-family homes across the U.S. It does this by tracking the purchase prices and resale prices of homes that have undergone a minimum of two arm's-length transactions.
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