by Calculated Threat on 5/28/2024 09:50:00 AM
At this time, within the Calculated Threat Actual Property Publication: Case-Shiller: Nationwide Home Value Index Up 6.5% year-over-year in March; FHFA: Home Costs Elevated 0.1% in March, up 6.6% YoY
Excerpt:
S&P/Case-Shiller launched the month-to-month Dwelling Value Indices for March (“March” is a 3-month common of January, February and March closing costs). March closing costs embody some contracts signed in November, so there’s a important lag to this knowledge. Here’s a graph of the month-over-month (MoM) change within the Case-Shiller Nationwide Index Seasonally Adjusted (SA).
The MoM enhance within the seasonally adjusted (SA) Case-Shiller Nationwide Index was at 0.30%. This was the fourteenth consecutive MoM enhance, however a smaller MoM enhance than the earlier two months.
On a seasonally adjusted foundation, costs elevated month-to-month in 15 of the 20 Case-Shiller cities. Seasonally adjusted, San Francisco has fallen 8.2% from the latest peak, Seattle is down 6.0% from the height, Portland down 4.0%, and Phoenix is down 3.1%.
