by Calculated Danger on 9/08/2024 12:15:00 PM
In the present day, within the Calculated Danger Actual Property Publication: Freddie Mac Home Value Index Elevated Barely in July; Up 4.4% 12 months-over-year
A short excerpt:
Freddie Mac reported that its “National” Residence Value Index (FMHPI) elevated 0.05% month-over-month on a seasonally adjusted (SA) foundation in June. On a year-over-year foundation, the Nationwide FMHPI was up 4.4% in July, down from up 5.2% YoY in June. The YoY improve peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in Could 2023. …
As of July, 17 states and D.C. have been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak have been in Idaho (-4.2%), Arizona (-1.9%), Arkansas (-1.8), Florida (-1.6%), Texas (-1.3%), and Colorado (-1.1%).
For cities (Core-based Statistical Areas, CBSA), listed below are the 30 cities with the most important declines from the height, seasonally adjusted. Austin continues to be the worst performing metropolis. Nevertheless, 10 of the 30 worst performing cities are actually in Florida!