by Calculated Danger on 9/16/2024 02:46:00 PM
As we speak, within the Calculated Danger Actual Property Publication: Half 2: Present State of the Housing Market; Overview for mid-September 2024
A short excerpt:
On Friday, in Half 1: Present State of the Housing Market; Overview for mid-September 2024 I reviewed house stock, housing begins and gross sales.
In Half 2, I’ll have a look at home costs, mortgage charges, rents and extra.
…
Different measures of home costs recommend costs will likely be up much less YoY within the July Case-Shiller index than within the June report. The NAR reported median costs had been up 4.2% YoY in July, up from 4.1% YoY in June.ICE reported costs had been up 3.6% YoY in July, down from 4.1% YoY in June, and Freddie Mac reported home costs had been up 4.4% YoY in July, down from 5.2% YoY in June.
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 seem like main indicators for Case-Shiller. Primarily based on current month-to-month information, and the FMHPI, the YoY change within the Case-Shiller index will seemingly be decrease YoY in July in comparison with June.
There’s rather more within the article.
