Thursday, 2 March 2017

Real Estate vs Cash......................from Rico

Real Estate [homes] clocked a monthly gain of 0.93% YoY in Dec 16.
- S&P's Case-Shiller says that was the best December gain in a decade.
 
YoY home prices rose an average of 5.58% annually, with some metro areas doing even better.
 
In other news - Cash is still at ZIRP (zero interest rate) and flirting with NIRP (negative interest rate), and punters are still fading the pass line at that big craps table called the stock market.



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