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Case-Shiller: National House Price Index "Continued its Deceleration" to 15.8% year-over-year increase in July
From calculatedrisk.substack.com
Both the Case-Shiller House Price Index (HPI) and the Federal Housing Finance Agency (FHFA) HPI for July were released today. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA). The Case-Shiller Home Price Indices for “July” is a 3-month average of May, June and July closing prices. May closing prices include some contracts signed in March, so there is a significant lag to this data. chart The MoM decrease in Case-Shiller was at -0.24%. This was the first MoM decrease since February 2012, and since this includes closings in May and June, this ... (full story)
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- Posted: Sep 27, 2022 8:09pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 607
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