Inflation, Interest rates, Market cycles since 1990 and more!

Inflation, Interest rates, Market cycles since 1990 and more!

  • Alexander Fromm Lurie
  • 05/22/24
Inflation rates - both general and "core" - ticked down (slightly) on the May 15th reading for April. Stock and bond markets reacted very favorably.  
Daily Average 30-Year Mortgage Rate - slipped back under 7% on May 15th for the first time since early April. 
Financial Markets:  After a very volatile 5 weeks - from the 4/10 inflation reading to the 5/15 reading  - stock markets hit new all-time highs yesterday:
Bay Area Appreciation & Market Cycles since 1990, updated:  Link to the full flipbook report The folder with the downloadable pdf report and individual slide images is here.  Below is the summary overview chart, a very approximate, smoothed-out graph of overall Bay Area appreciation trends. 
The report includes over a dozen other charts that break out approximate median house sales price changes by county during specific market cycles, such as the one below. 

Consumer Sentiment (Confidence) Index:  “Consumer sentiment retreated about 13% this May [preliminary reading as of 5/10] following three consecutive months of very little change... [bringing] sentiment to its lowest reading in about six months. This month’s trend... is characterized by a broad consensus [of economic concerns] across... age, income, and education groups.” Joanne Hsu, Director, Surveys of Consumers, 5/10/2024 
National house price and rent appreciation rates since 1980:  A dramatic divergence since the pandemic hit (as well as previously during the subprime boom).  

The Price of Gas: An issue that consumers are very sensitive to.

Let's Work Together

Our passion is supporting clients who value exceptional results and client care. We look forward to the opportunity to work together.

Follow Us