Home Price Appreciation vs. Inflation Rate: Which One Is Higher?
"Inflation." It's the word everyone is suddenly talking about, from economists on TV to people surprised by the prices at the local Publix market. There are good reasons for this - the latest inflationary numbers are not encouraging, with the CPI now up to 9.1%! Given that many of our prospective buyers and sellers haven't ever dealt with real estate in an environment like this before, we thought it would be helpful to do a blog on home price appreciation vs. inflation rate and see how they work together. Also, let's look at which one is higher (that is, will your home go up...