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Unusual Whales Pod Ep 17: First FOMC of 2023, Powell and disinflation, and the January 25 bps rate hike with experts

Unusual Whales

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The Housing Price Index During the Covid Pandemic

The housing price index saw massive ramp up during that first year of covid but now we're seeing a fairly dramatic rate of decline last bear. Even though rates have come down about a full percentage point since the peak in in November you're still looking at over six percent rates on on mortgages which is about twice what it was in the depths of the pandemic. The west coast has seen really significant declines and there's been much less declines on sort of the the northeast uh and the eastern seaboard. stay tuned for the main folks bobbly at 2023.

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