The M2 money supply includes cash, checking accounts, savings accounts, and other liquid assets that can be easily converted into cash. When the M2 money supply increases, it can stimulate economic activity by making more money available for borrowing and spending. This can lead to lower mortgage interest rates as well, as banks have more funds available to lend out. However, if the M2 money supply increases too rapidly, it can lead to inflation, which can cause mortgage interest rates to rise. The M2 money supply can have a significant impact on the cost of a home mortgage as well as home prices.
St Louis MSA Home Prices vs M2 Money Supply
Case Schiller Case-Shiller 20-City Composite Home Price Index vs M2 Money Supply
Case Schiller National Home Price Index vs M2 Money Supply
This information provided herein is offered as a free service to consumers and is obtained from sources deemed reliable, however, no warranty is given, expressed or implied, of the accuracy of any of the data and this data and MORE, REALTORS is not liable for any losses incurred financial or otherwise by reliance on this data.