Freddie Mac Home Worth Index Elevated in April; Up 6.5% 12 months-over-year

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by Calculated Threat on 6/03/2024 01:17:00 PM

At this time, within the Calculated Threat Actual Property Publication: Freddie Mac Home Worth Index Elevated in April; Up 6.5% 12 months-over-year

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On a year-over-year foundation, the Nationwide FMHPI was up 6.5% in April, down from up 6.6% YoY in March.  The YoY improve peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023. …

As of April, 9 states and D.C. have been beneath their earlier peaks, Seasonally Adjusted. The most important seasonally adjusted declines from the current peak have been in Idaho (-2.1%), Hawaii (-1.4%), Utah (-1.1%), and D.C. (-1.1%).

For cities (Core-based Statistical Areas, CBSA), listed here are the 30 cities with the biggest declines from the height, seasonally adjusted. Austin continues to be the worst performing metropolis.

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