Nationwide Home Value Index Up 5.4% year-over-year in June; FHFA Home Value Index Declined Barely month-over-month in June

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by Calculated Threat on 9/07/2024 06:50:00 PM

At the moment, within the Calculated Threat Actual Property E-newsletter: Home Value Weekend: Case-Shiller: Nationwide Home Value Index Up 5.4% year-over-year in June

Excerpt:

S&P/Case-Shiller launched the month-to-month Dwelling Value Indices for June (“June” is a 3-month common of April, Might and June closing costs). June closing costs embrace some contracts signed in February, so there’s a vital lag to this information. 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 0.16%. This was the seventeenth consecutive MoM enhance, however this was the smallest MoM enhance within the final 16 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 6.8% from the current peak, Phoenix is down 4.5% from the height, Seattle down 4.0%, and Portland is down 3.4%.

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