CMT Team·Globe and Mail ColumnsMortgage Commentary·May 24, 2012The Housing Indicator to Watch National home prices are inflated by almost every measure, including: median price/median income, prices/rents and prices/GDP. In this week’s Globe column, we look at the one demand-related gauge of housing cost that matters most. And its readings are anything but unreasonable (for now). More: Expensive housing? Not by a 20-year comparison Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.