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

4 Pages Posted: 13 Jun 2018 Last revised: 7 Jul 2022

See all articles by Charles S. Gascon

Charles S. Gascon

Federal Reserve Bank of St. Louis

Andrew Spewak

Federal Reserve Banks - Federal Reserve Bank of St. Louis

Date Written: 2018

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

Gascon, Charles S. and Spewak, Andrew, Warning: Don't Infer Regional Inflation Differences from House Price Changes (2018). Available at SSRN: https://ssrn.com/abstract=3194974 or http://dx.doi.org/10.20955/es.2018.6

Charles S. Gascon (Contact Author)

Federal Reserve Bank of St. Louis ( email )

411 Locust St
Saint Louis, MO 63011
United States

Andrew Spewak

Federal Reserve Banks - Federal Reserve Bank of St. Louis

411 Locust St
Saint Louis, MO 63011
United States

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