The Chinese gov’t cracked down and lots of developer defaults in mid-2021 threatened world financial markets. But the crisis appears to have passed.

Recent economic reports suggest inflation isn’t yet under control, and the Fed says it may have to increase interest rates more than it expected a few weeks ago.

Jan. median rent rose 2.4% year-to-year – the lowest increase since summer 2021 – since topping out at an almost 18% year-to-year increase last March.

The S&P CoreLogic Case-Shiller index showed a 5.8% annual gain in home prices for Dec., down from 7.6% through the 12-month period ending in Nov.