A 14% rise and no one blinks

Isn’t this just extraordinary ?

And I do mean extraordinary, yet it seems to be accepted as normal or expected.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 14.6% annual gain in April, up from 13.3% in the previous month.

https://www.spglobal.com/spdji/en/corporate-news/article/sp-corelogic-case-shiller-index-shows-annual-home-price-gains-surged-to-146-in-april/