The chart below shows St Louis home price index from the St Louis Federal Reserve compared with the Consumer Price Index (CPI), the most widely used inflation indicator, to show the relationship between the two and watch for trends the will indicate where home prices may be headed. Information like this, as well as real estate agents and brokers that know and understand this data like the ones at MORE, REALTORS, can help a home buyer or investor identify when is an opportune time to buy. This same information and knowledge can be used to help a seller determine the right time to sell their home.
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