by Calculated Threat on 9/30/2024 02:17:00 PM
Right now, within the Calculated Threat Actual Property Publication: Freddie Mac Home Value Index Elevated Barely in August; Up 3.7% Yr-over-year
A quick excerpt:
Freddie Mac reported that its “National” Residence Value Index (FMHPI) elevated 0.11% month-over-month on a seasonally adjusted (SA) foundation in August. On a year-over-year foundation, the Nationwide FMHPI was up 3.7% in August, down from up 4.5% YoY in July. The YoY improve peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in Could 2023. …
During the last 6 months, the seasonal adjusted index has elevated at a 1.5% annual price
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As of August, 15 states and D.C. had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak had been in Louisiana (-2.5%), Arkansas (-2.1%), D.C. (-2.0), Florida (-1.9%), Texas (-1.5%), and Idaho (-1.1%).For cities (Core-based Statistical Areas, CBSA), listed here are the 30 cities with the most important declines from the height, seasonally adjusted. Austin continues to be the worst performing metropolis. Nevertheless, 11 of the 30 worst performing cities are actually in Florida!
