by Calculated Threat on 9/08/2024 12:15:00 PM
Immediately, within the Calculated Threat Actual Property E-newsletter: Freddie Mac Home Worth Index Elevated Barely in July; Up 4.4% Yr-over-year
A short excerpt:
Freddie Mac reported that its “National” Dwelling Worth 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 enhance 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. had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the current peak had 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. Nonetheless, 10 of the 30 worst performing cities are actually in Florida!
