CoreLogic Home Price and Black Knight HPI both show strong home prices.

CoreLogic reported home prices rose 1.2% in March. This is showing an acceleration from 0.7% in February. Year over year, home prices are now up 5.3% CoreLogic has bumped up their forecast for next month to 0.8%.

Black Knight reported prices rose 1.2% in March and 5.6% year over year.

Real estate remains a robust investment option, even with current rates surpassing those of two years ago. Concurrently, home values continue to climb, making it an opportune time to invest.

Inflation has a fight on its hands. We have seen inflation stall but there is hope on the horizon.

The NY Fed Supply Chain Pressure Index fell from -0.3% to -0.85% in April. this is the lowest figures since August of last year when we saw great progress on inflation.

Oil prices have a big influence on core readings but over the last few weeks, we have seen oil prices decline by roughly 11%.

Stay resilient; I anticipate a significant drop in inflation, driven not only by the factors mentioned above but also by major players in the food industry, such as McDonald’s, scaling back on their historically aggressive stances in recent years.