Newsletter: Case-Shiller: National House Price Index Up 3.8% year-over-year in November
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 3.8% year-over-year in November Excerpt: S&P/Case-Shiller released the monthly Home Price Indices for November ("November" is a 3-month average of September, October and November closing prices). November closing prices include some contracts signed in July, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA). The MoM increase in the seasonally adjusted (SA) Case-Shiller National Index was at 0.44% (a 5.3% annual rate), This was the 22nd consecutive MoM increase in the seasonally adjusted index. On a seasonally adjusted basis, prices increased month-to-month in 18 of the 20 Case-Shiller cities (prices declined in Seattle and Tampa seasonally adjusted). San Francisco has fallen 6.42% from the recent peak, Phoenix is down 2.1% from the peak, and Denver down 1.7%.There is much more in the article.
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 3.8% year-over-year in November
Excerpt:
Excerpt:
S&P/Case-Shiller released the monthly Home Price Indices for November ("November" is a 3-month average of September, October and November closing prices). November closing prices include some contracts signed in July, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).There is much more in the article.
On a seasonally adjusted basis, prices increased month-to-month in 18 of the 20 Case-Shiller cities (prices declined in Seattle and Tampa seasonally adjusted). San Francisco has fallen 6.42% from the recent peak, Phoenix is down 2.1% from the peak, and Denver down 1.7%.
