Freddie Mac Home Value Index Elevated in March; Up 6.6% Yr-over-year

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by Calculated Danger on 5/01/2024 10:11:00 AM

Right now, within the Calculated Danger Actual Property E-newsletter: Freddie Mac Home Value Index Elevated in March; Up 6.6% Yr-over-year

A quick excerpt:

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

As of March, 11 states and D.C. had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak had been in West Virginia (-3.1%), D.C. (-2.9%), North Dakota (-2.0%), and Idaho (-1.0%).

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 way more within the article.

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