In response to:

A Look at the Fed-Sponsored Housing Bubble

mrz80 Wrote: Jan 31, 2013 9:13 AM
We bought our current house in the summer of 2005, for about 10% less than the seller was asking (appraisal came in lower as prices were just starting to slump), and by most market estimates it's worth about 20% less than we paid for it. Ah, life in the suburbs.

In the wake of rising housing prices a reader asked if I would revisit my March 2102 article How Far Have Home Prices "Really" Fallen.

The reader specifically wanted an update on inflation as measured by the HPI-CPI (a measure of the CPI where actual home prices instead of rent is the largest CPI component).

Here is some background on the request: The CPI does not track home prices per se, rather the CPI uses a concept called...

Related Tags: Housing