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Wage Growth vs. Asset Prices: A Historical Perspective

Over the last 30 years, wage growth has significantly lagged behind the rise in asset prices, particularly in the housing market. In the 1980s, the average cost of a house in the U.S. was around three to four times the median household income. By 2022, this ratio had increased to nearly six times the median…Read More→

The Impact of Current Inflation on Real Estate and Interest Rates

Inflation remains a pivotal issue in the real estate and financial sectors. As of May 2024, the U.S. inflation rate stands at 3.4%, a decrease from 4.9% in May 2023​ (Bureau of Labor Statistics)​​ (Finder Canada)​. This moderation in inflation is significant for understanding its impact on the economy, particularly the real estate market. Interest…Read More→

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