Nationwide Home Value Index Up 3.6% year-over-year in October

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by Calculated Danger on 12/31/2024 09:52:00 AM

In the present day, within the Calculated Danger Actual Property E-newsletter: Case-Shiller: Nationwide Home Value Index Up 3.6% year-over-year in October

Excerpt:

S&P/Case-Shiller launched the month-to-month Dwelling Value Indices for October (“October” is a 3-month common of August, September and October closing costs). October closing costs embody some contracts signed in June, 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 0.35% (a 4.2% annual price), This was the twenty first consecutive MoM enhance within the seasonally adjusted index.

On a seasonally adjusted foundation, costs elevated month-to-month in 18 of the 20 Case-Shiller cities (costs declined in Cleveland and Tampa seasonally adjusted). San Francisco has fallen 6.4% from the latest peak, Phoenix is down 3.0% from the height, and Denver down 2.0%.

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