The Morning Economic Report

Home Prices and Economic Improvement

By Anirban Basu

Published March 1, 2017 at 12:00 PM EST

When the price of gasoline or food goes up, we usually view that as bad. If the prices of goods and services rise too rapidly, it is expected that the Federal Reserve will clamp down on money supply to keep inflation in check. But when the price of homes rises, that’s often discussed in the context of economic improvement.

Anirban has more on this story.

The Morning Economic Report

Anirban Basu

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.

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