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    Present State of the Housing Market; Overview for mid-December 2024

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    by Calculated Danger on 12/13/2024 01:04:00 PM

    Immediately, within the Calculated Danger Actual Property E-newsletter: Half 2: Present State of the Housing Market; Overview for mid-December 2024

    A short excerpt:

    Earlier this week, in Half 1: Present State of the Housing Market; Overview for mid-December 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.

    The Case-Shiller Nationwide Index elevated 3.9% year-over-year (YoY) in September and will probably be about the identical YoY within the October report (primarily based on different knowledge).

    Different measures of home costs counsel costs will probably be up about the identical YoY within the October Case-Shiller index as within the September report. The NAR reported median costs had been up 4.0% YoY in October, up from 3.6% YoY in September.

    ICE reported costs had been up 3.0% YoY in October, up from 2.9% YoY in September, and Freddie Mac reported home costs had been up 3.7% YoY in October, down from 3.8% YoY in September.

    There may be way more within the article.

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