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by confoundedinterest17 Case-Shiller home price indices are out today. The Case-Shiller NATIONAL home price index is up 1.5% on a year-over-year basis, but down -0.30% on a month-over-month basis). Don’t worry. The Fed won’t stop printing money.
Houses are everywhere, prices stop climbing, buyers rejoice eventually. Insanity. I don’t see how housing doesn’t struggle going forward. Wait until the boomers die off. There will be no one left that can afford to buy. https://t.co/aNWA55mzBY — QE Infinity …
by confoundedinterest17 Rolling into Cleveland to the lake. NEW YORK, NOVEMBER 26, 2024: S&P Dow Jones Indices (S&P DJI) today released the September 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 3.9% …
by confoundedinterest17 Biden/Harris started the fire! And the house market is still burning. S&P/Case-Shiller released the monthly Home Price Indices for August (“August” is a 3-month average of June, July and August closing prices). August closing prices include some contracts signed in April, …
by Mike Shedlock People who want a home but cannot afford one keep watching home prices soar out of sight. The Fed says this isn’t inflation. Measuring Prices Case-Shiller measures the price of the same home over time. Median and …
by Mike Shedlock Housing affordability continues to soar out of reach of most buyers. Not only are prices at a new record level, mortgage rates remain close to 7.0 percent. Image data from Case-Shiller and the BLS, chart by Mish …
by confoundedinterest17 The US housing market is truly bizarro world! San Francisco and Seattle are down near 10% year-over-year (YoY) while Chicago and Cleveland lead in price gains. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all …
via Mike Shedlock: Case-Shiller home price indexes are again on the rise. What’s going on? Case Shiller National and 10-City home prices indexes plus OER, CPI, and Rent indexes from the BLS. Chart Notes The latest Case-Shiller home price indexes …
by confoundedinterest17 The Case-Shiller home price numbers are out for May. The national home price index is down -0.46% YoY as The Fed slows M2 Money growth into negative growth territory. No doubt Biden (and Karine Jean-Pierre) will take credit …