by Calculated Risk on 3/25/2025 09:41:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 4.1% year-over-year in January
Excerpt:
S&P/Case-Shiller released the monthly Home Price Indices for January (“January” is a 3-month average of November, December and January closing prices). January closing prices include some contracts signed in September, 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 0.57% (a 7.0% annual rate), This was the 24th consecutive MoM increase in the seasonally adjusted index.
On a seasonally adjusted basis, prices increased month-to-month in 19 of the 20 Case-Shiller cities (prices declined in Tampa seasonally adjusted). San Francisco has fallen 5.1% from the recent peak, Tampa is down 1.5% from the peak, and Denver down 0.7%.
There is much more in the article.
