Freddie Mac Home Value Index Elevated in April; Up 6.5% Yr-over-year

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by Calculated Threat on 6/03/2024 01:17:00 PM

Right this moment, within the Calculated Threat Actual Property E-newsletter: Freddie Mac Home Value Index Elevated in April; Up 6.5% Yr-over-year

A quick excerpt:

On a year-over-year foundation, the Nationwide FMHPI was up 6.5% in April, down from up 6.6% YoY in March.  The YoY enhance peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023. …

As of April, 9 states and D.C. had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak had been in Idaho (-2.1%), Hawaii (-1.4%), Utah (-1.1%), and D.C. (-1.1%).

For cities (Core-based Statistical Areas, CBSA), listed here are the 30 cities with the biggest declines from the height, seasonally adjusted. Austin continues to be the worst performing metropolis.

There’s far more within the article.

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