by Calculated Threat on 5/14/2024 01:54:00 PM
Right this moment, within the Calculated Threat Actual Property E-newsletter: Half 2: Present State of the Housing Market; Overview for mid-Could 2024
A quick excerpt:
On Friday, in Half 1: Present State of the Housing Market; Overview for mid-Could 2024 I reviewed dwelling stock, housing begins and gross sales.
In Half 2, I’ll have a look at home costs, mortgage charges, rents and extra.
…
Different measures of home costs recommend costs will likely be up about the identical YoY within the March Case-Shiller index. The NAR reported median costs have been up 4.8% YoY in March, up from 5.6% YoY in February. ICE reported costs have been up 5.6% YoY in March, down from 6.0% YoY in February, and Freddie Mac reported home costs have been up 6.6% YoY in March, up from 6.5% YoY in February.Here’s a comparability of year-over-year change within the FMHPI, median home costs from the NAR, and the Case-Shiller Nationwide index.
The FMHPI and the NAR median costs seem like main indicators for Case-Shiller. Based mostly on current month-to-month information, and the FMHPI, the YoY change within the Case-Shiller index will seemingly be about the identical YoY in March as in February.
There’s way more within the article.
