Housing: How Much is UP? Deflation Persists!

Depends on who you ask.

According to new Housing data just out:

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported an 18.8% annual gain in December, remaining the same from the previous month.
The 10-City Composite annual increase came in at 17.0%, up from 16.9% in the previous month. The 20-City Composite posted an 18.6% year-over-year gain, up from 18.3% in the previous month. Phoenix, Tampa, and Miami reported the highest year-over-year gains among the 20 cities in December. Phoenix led the way with a 32.5% year-over-year price increase, followed by Tampa with a 29.4% increase and Miami with a 27.3% increase. Fifteen of the 20 cities reported higher price increases in the year ending December 2021 versus the year ending November 2021.The charts on the following page compare year-over-year returns of different housing price ranges  (tiers) for Phoenix and Tampa.”

Before seasonal adjustment, the U.S. National Index posted a 0.9% month-over-month increase in December, while the 10-City and 20-City Composites posted increases of 1.0% and 1.1%, respectively.

“This month’s report covers December 2021, and therefore brings our reporting on calendar 2021 to a close,” says Craig J. Lazzara, Managing Director at S&P DJI. “For the year, the National Composite Index recorded a gain of 18.8%. This is the highest calendar year increase in 34 years of data, and substantially ahead of 2020’s 10.4% gain. The 10- and 20-City Composites rose 17.0% and 18.6%, respectively – a record for the 20-City Composite, and the second-best year ever for the 10-City Composite.

“We have noted that for the past several months, home prices have been rising at a very high, but decelerating rate. The deceleration paused in December, as year-over-year changes in all three composite indices were slightly ahead of their November levels. December’s 18.8% gain for the
National Composite is the fifth-highest reading in history.”

In terms of charts?  Average prices continue to price housing out of the middle class:

The Real Story is Deflation Here!

I will annotate this more on Peoplenomics.com tomorrow:

While Housing prices were up 18.,8% nationally per the S&P data, the REAL disaster is hidden and only revealed to the Zurich trained gnomes:  You see, during this period, the US Fed expanded the US Monetary Base by 23.1858169 percent.

To my simple, living in the sticks too long, redneck, slow-talking mindset, we should be able to calculate the “efficiency of inflation.”

In  this case, it’s  23.18 divided into 18.8.

Thus,  Fed Inflation Efficiency was  81.1% Efficient at Floating the Economy/.

Betcha feel great right now, huh?  You’re paying the bill, after all.

Write when you get rich,


21 thoughts on “Housing: How Much is UP? Deflation Persists!”

  1. “Amid growing condemnation, Russia has sought to draw closer to China, with Putin traveling to Beijing on February 4 to meet with Chinese leader Xi Jinping ahead of the Winter Olympics. The summit ended with the release of a sweeping statement that declared there were “no limits” to the two countries’ relationship and “no ‘forbidden’ areas of cooperation.”

    That’s pretty deep.


    Btw, Putin explained what has been happening in the Ukraine and US involvement there. – strange similarities here in the past year. Worth considering. Hard to tell the difference between propaganda and a hole in the ground … folks just believe what they wanna believe. Programmed.

    • Freedom vs authoritarian is a spectrum. The USA is moving quickly away from freedom, though we still have significant agency. Canada found out just how ruthless a minion could be when the gloves came off. The idea of a “social credit score”, if it were linked to basic societal freedoms would be anathema! The current “credit score” is annoying to those who wish to borrow from institutions for whatever reason, and of course there’s the misapplication of it to insurance rates. It’s better referred to as an obedience score. Those who need not beg for these services can stand apart.

      Expanding this to all of society and requiring all indescretions to be documented reduces the entire population to the status of children, with bureaucrats and AI the arbiters of acceptable behavior. Currently, laws are the standard, and it’s still legal(though not always smart) to frown or scowl at a cop or state your truth. When laws give way to unclear standards, there’s no way to feel safe by following them. Sexual “harassment” is one example(what is “unwanted” and how would anyone know initially?). The only people with a clear conscience will be the outlaws with their own ethics and standards that they live by.

      • Martin Armstrong gave another interview on Greg Hunter’s USA Watchdog.com site. According to his Socrates system we’ve got about 10 years before we finally give up our Republican version of government as being too corrupt to carry on and form something much closer to our system of values – and most likely in a land whose borders we probably wouldn’t recognize. What that actually means is anyone’s guess at this point as no one knows what kind of shape we’ll be in by the end of this YEAR, especially if the dimocrats cheat their way through another election as everyone expects them to.

        Throw in the long-term effects of The Jabs as they are becoming evident and or World is becoming less and less reminiscent of anything we can recall in recent memory. Dr. Chris Martenson gave a break down of what actually killed Brandon Watt, father of 2, in Canada as described by his wife, Chantelle in his latest video – https://odysee.com/@Chris_Martenson:2/jama-mrna-vaccines-elevate-myocarditis:7. “JAMA: mRNA vaccines elevate myocarditis risk by 133x”. When was the last time in history that authoritarianism, when applied to a country, did anything but kill people?

    • Sadly in Canada even people who contributed to the “Go Fund Me” fund for the truckers BEFORE the Canadian Govt basically said the fund was illegal and seized that money are having their Bank Accounts SHUT DOWN and the money in them SEIZED.

      Clearly an Ex-Post-Facto law that in the US is NOT allowed under our Constitution, but apparently not just legal in Canada but being enforced by the Canadian Government.

      In this day and age HOW does a person get paid if you can’t receive your pay into a bank account? Any deposits you put into your bank account will obviously ALSO BE SEIZED by the Canadian Government. I guess you need to make arrangements to be paid in CASH, or you will NOT be seeing any of your paycheck.

      Yesterday the Canadian Parliament to change that situation but instead it RATIFIED the powers that the Canadian Government (Trudeau) has seized, including this Ex-Post-Facto seizure of the monies of those who contributed to the Go Fund Me fund and the closure of the bank accounts of those contributors.

      Heavy Handed, almost dictatorial, powers are now a Fact of Life in Canada … brought about over a PEACEFUL protest at that!

      Leave any misconceptions you have about Canada being a Democratic Law Based country. It is now just a short step away from being a full blown Government Dictatorship type government where AFTER THE FACT laws can reach back and declare anything you previously did WAS illegal even though it was legal at the time you did it.

      Guess I won’t be using my Nexus Card for travel back and forth to Canada anymore. I wouldn’t trust the Canadian Government in any way shape or form anymore

      (and I definitely would NOT trust them wrt any business investments in that country since they now can just “legally” go seize them at will whenever they decide to for any reason they make up after the fact)

  2. Unless the sheeple wake up ( the brainwashing has been to successful for this to happen) we are in the last days of this once GREAT country. she is sinking fast from about every aspect there is. The NWO/leftists have just about completely taken over al areas to make this happen. from the Banksters to DC and the worst is the MSM won’t put out the true stories only slanted versions or NOTHING at all.
    That is my 2 cents for the day.
    Very depressing at times watching this all unfold of the years.

    • Common wisdom reminds us that “If you don’t change direction, you’ll wind up where you’re headed”.

    • Agreed. When I see that word I am only reminded that people who have been brainwashed into thinking of their neighbors as less than human are generally proud to show off about it.

      Meanwhile, the people doing the brainwashing are never held to account while the brainwash-ees dutifully throw boogers at each other.

      The word is a sign of a job well done. Brainwashing complete, thinking stopped, and answers to the problem, or seeking truth, are forgotten.

      Go gettum’ boys, we’ve met the enemy! And he is us.

  3. Stay short folks hard . Don’t worry about the psyops going around this joint . Very disappointing how a great Jedi becomes a Sith Lord . Only 2 things . Long gold do have signal short market. Suppose it was bound to happen with age.

  4. A trip down memory lane with Country Joe and the Fish.

    And it’s one, two, three,
    What are we fighting for?
    Don’t ask me, I don’t give a damn,
    Next stop is Ukrainistan;
    And it’s five, six, seven,
    Open up the pearly gates,
    Well there ain’t no time to wonder why,
    Whoopee! we’re all gonna die.

    “I love the smell of Napalm in the morning”.
    Stay safe everybody.

  5. Now that is a new one.. LOL I was going to make a comment on anothers comment.. about the post on Stu’s site about the royal family.. and share a couple books from amazon..
    anyway every time I go to post that comment with the links to the books .. the internet shuts me down and says I don’t permission to have access to the site to post that particular comment… hmm interesting.. makes me wonder if maybe someone doesn’t want anyone to read those books..

  6. Try again. Short market long gold. Do have buy signals . Gold is all that can free us . Dark side hate gold

  7. George doesn’t like me being perma bear short . Will not release till indicators allow . Thinking ,, the other guys permanently short gold . They are perma anti freedom anti the bible , the Declaration of Independence. They are wrong not me.

  8. Great commentary on the surveillance World we live in.

    Skynet 2.0: Unstoppable Secret Network Bypasses Internet
    The accompanying video is a great commentary on how we’re all being spied upon regardless of whether or not your phone is on or not. No wonder Apple makes it so danged hard to pull the battery on their devices.

    Guess I’ll have to look into a Ubuntu laptop sometime before it’s too late. Noticed that Malwarebytes doesn’t make antivirus software for computers outside the M$ and Apple worlds. What is a good a-v software for Linux boxes or is that subject approached in a different way in that environment?

    • The claim is that no AV software is needed for Linux systems. Possibly because there are not enough of them to make it worth the effort of writing malware to infect them. I’ve been using Linux Mint Cinnamon several years (similar in operation to Windoze) and have had no problems other than compatibility with off-the-shelf software.

      • Which is what I’ve usually heard but with a wide-open OS that anyone can write code for how do you know you haven’t been hacked or have a spyware bot hidden somewhere? There has to be some self-awareness software out there for these OS’s so I’ll start digging. These old laptops we run at the house have given us reason to worry about how long they have left.

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