by Calculated Threat on 9/24/2024 09:58:00 AM
As we speak, within the Calculated Threat Actual Property E-newsletter: Case-Shiller: Nationwide Home Value Index Up 5.0% year-over-year in July
Excerpt:
S&P/Case-Shiller launched the month-to-month House Value Indices for July (“July” is a 3-month common of Might, June and July closing costs). July closing costs embody some contracts signed in March, 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).
For the second consecutive month, the MoM improve within the seasonally adjusted (SA) Case-Shiller Nationwide Index was at 0.18% (a 2.2% annual charge), This was the eighteenth consecutive MoM improve, however this tied the earlier because the smallest MoM improve within the final 18 months.
On a seasonally adjusted foundation, costs elevated month-to-month in 18 of the 20 Case-Shiller cities. Seasonally adjusted, San Francisco has fallen 7.1% from the current peak, Phoenix is down 4.2% from the height, Portland down 3.1%, and Seattle and Denver are each down 2.9%.
