by Calculated Threat on 8/14/2024 10:21:00 AM
At this time, within the Calculated Threat Actual Property Publication: Half 2: Present State of the Housing Market; Overview for mid-August 2024
A quick excerpt:
Yesterday, in Half 1: Present State of the Housing Market; Overview for mid-August 2024 I reviewed dwelling stock, housing begins and gross sales.
In Half 2, I’ll take a look at home costs, mortgage charges, rents and extra.
…
Different measures of home costs counsel costs will likely be up much less YoY within the June Case-Shiller index than within the Could report. The NAR reported median costs have been up 4.1% YoY in June, down from 5.2% YoY in Could.ICE reported costs have been up 4.1% YoY in June, down from 4.7% YoY in Could, and Freddie Mac reported home costs have been up 5.2% YoY in June, down from 5.7% YoY in Could.
Here’s a comparability of year-over-year change within the FMHPI, median home costs from the NAR, and the Case-Shiller Nationwide index.
The FMHPI and the NAR median costs look like main indicators for Case-Shiller. Based mostly on current month-to-month information, and the FMHPI, the YoY change within the Case-Shiller index will seemingly be decrease YoY in June in comparison with Could.
There may be rather more within the article.
