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Warning: Don’t Infer Regional Inflation Differences from House Price Changes

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  • Charles S. Gascon
  • Andrew Spewak

Abstract

If house prices in one metropolitan statistical area (MSA) are increasing much faster than in another MSA, should one infer that overall inflation is also much faster in the former?

Suggested Citation

  • Charles S. Gascon & Andrew Spewak, 2018. "Warning: Don’t Infer Regional Inflation Differences from House Price Changes," Economic Synopses, Federal Reserve Bank of St. Louis, issue 6, pages 1-4.
    • Handle: RePEc:fip:fedles:00102
    DOI: 10.20955/es.2018.6
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