Home prices increased at least 1.2% in each city in the home price index. However, ownership rates are still at a low of 65%. These two data points seem in conflict–with prices rising even though ownership rates are still low. Perhaps this reflects the rise in real estate hedge funds in the past two years.
Archive for July, 2013
This incredible chart shows the relationship between family income and health (a smaller x value is better). According to the data, the wealthiest 45-54 year old Americans report better health than the poorest teenagers. In other words, income is a better predictor of good health than youth.
-from The Incidental Economist
Excellent data visualizations, properly presented, are both informative and beautiful. Consider these two images, one of which is a work of art and the other is a data visualization. Which is which? Click through to find the answer and see more examples.
This fascinating map shows the likelihood that a child from the bottom fifth of income will rise to the top fifth. In much of the Southeastern US, the likelihood is significantly lower than most of the country. Most notable, however, is North Dakota, which thanks to its persistently low unemployment rate, growing energy sector, and strong social policies provides essentially a one in three chance of moving to the top.
–from The New York Times
–from The Brookings Insitute