Present State of the Housing Market; Overview for mid-October 2024

by Calculated Danger on 10/15/2024 12:13:00 PM

At this time, within the Calculated Danger Actual Property Publication: Half 2: Present State of the Housing Market; Overview for mid-October 2024

A quick excerpt:

On Friday, in Half 1: Present State of the Housing Market; Overview for mid-October 2024 I reviewed residence stock, housing begins and gross sales.

In Half 2, I’ll take a look at home costs, mortgage charges, rents and extra.

“If you do not know where you come from, then you don’t know where you are, and if you don’t know where you are, then you don’t know where you’re going. And if you don’t know where you’re going, you’re probably going wrong.” Terry Pratchett

These “Current State” summaries present us the place we got here from, the place we’re, and hopefully give us clues as to the place we’re going!

The Case-Shiller Nationwide Index elevated 5.0% year-over-year in July and can seemingly gradual additional within the August report (based mostly on different information).

For the second consecutive month, the MoM enhance within the seasonally adjusted (SA) Case-Shiller Nationwide Index was at 0.18% (a 2.2% annual price), This was the eighteenth consecutive MoM enhance, however this tied the earlier because the smallest MoM enhance within the final 18 months.

There’s way more within the article.