by Calculated Danger on 5/01/2024 10:11:00 AM
Right now, within the Calculated Danger Actual Property E-newsletter: Freddie Mac Home Value Index Elevated in March; Up 6.6% Yr-over-year
A quick excerpt:
On a year-over-year foundation, the Nationwide FMHPI was up 6.6% in March, up from up 6.5% YoY in February. 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 March, 11 states and D.C. had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak had been in West Virginia (-3.1%), D.C. (-2.9%), North Dakota (-2.0%), and Idaho (-1.0%).
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.