A view of the post-peak housing market

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The CoreLogic Case-Shiller index of existing home prices, which came out today, shows that values are down from the year before, but the price trends vary across the country. Today, we trace their rise and fall. Then, whatโ€™s a fair price for artificial intelligence? And what Milton Friedmanโ€™s โ€œlong and variable lagโ€ means in 2023.

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