by Calculated Threat on 4/30/2024 09:48:00 AM
In the present day, within the Calculated Threat Actual Property E-newsletter: Case-Shiller: Nationwide Home Value Index Up 6.4% year-over-year in February; FHFA: Home Costs Elevated in February, up 7.0% YoY
Excerpt:
S&P/Case-Shiller launched the month-to-month House Value Indices for February (“February” is a 3-month common of December, January and February closing costs). January closing costs embody some contracts signed in October, so there’s a important 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 0.41%. This was the 13 consecutive MoM enhance, and a bigger MoM enhance than the earlier three months.
On a seasonally adjusted foundation, costs elevated month-to-month in 19 of the 20 Case-Shiller cities. Solely Tampa noticed a month-over-month lower in February. Seasonally adjusted, San Francisco has fallen 8.2% from the current peak, Seattle is down 6.1% from the height, Portland down 4.0%, and Phoenix is down 3.1%.
