Submitted by Tyler Durden on 01/26/2016 - 09:10
While the Case-Shiller home price index rose modestly MoM (+0.87%), it continues to disappoint expectations with the 7th consecutive miss in a row. Notably, unadjusted the monthly rise in prices was just 0.1%. Year-over-year gains of 5.8% for the top 20 cities is the fastest price appreciation since July 2014 -
thanks once again to the magic of seasonal adjustments.
http://www.zerohedge.com/news/2016-01-26/case-shiller-home-prices-miss-7th-month-row-seasonal-adjustments-dominate-gains

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.